Intel Corp.I love this companies financials. I understand what's going on in the semiconductor world. However, I'm thinking about consumer durables like laptops, computer gaming, memory and storage data. I'm not big on speculation but I know we are so dependent upon technology and alot of their products attack a wide range of technological factors.
Price is currently at a strong support in my opinion. On the 1 hour time frame, there seems to be to some strong consolidation in this same support area. This could indicate that Intel is currently in its accumulation phase. I've looked at some insider trading as well and noticed that within the last two months, there were purchase on two occasions around this area and a third person sold at $57... I want to see price breakout at some point to the upside as the previous high was broken and the previous support hasn't been reached yet considering a strong consolidation at its current support. Let's see what happens! I'm locked in til 2023.
Not advice
What do you think?
Intel
AMD Buy?Its been a rough go for even the most bullish setups on equities lately due to the rocky nature of the macro with recent news of further inflation fears. Nonetheless we continue to hunt for the setups if not for the gains, then most definitely for the learning lessons that the markets can teach us.
For this asset, we keep things simple by keying in on an uptrend that has been supporting AMD since May.
It is expected that eventually this trend will break, but for now as long the price remains in the trend, buy opportunities exist at the green upward sloping trendline.
Once the green sloping line is broken, this will be our time to begin preparing for an exit.
The yellow line will be the first level of support should the trend be broken, but ultimately the bears will want to break the red line at $87.86 to confirm.
For the bullish case, continue to expect bounces at the green trendline of support until a full body candle closes outside of it on the daily and weekly time frames. A wise profit taking area will be around $93.50. If that level is broken and held as support, a retest of all time highs could be instore for AMD.
Time to Finally Sell NVDA?After a beautiful runup past all time highs weeks ago, NVDA has found itself in a similar position as the Nasdaq by hitting and getting rejected at the first fibonacci extension level.
I closed my long in this last week as I saw this level approaching and now it appears that a legit pullback may be coming into reality.
So I am bearish.. or am I?
Truth be told Nvidia is one of my favorite stocks, so I am aggressively watching for lower levels of re-entry and have been anticipating doing so for weeks now even as it ran up in price. I intend to load up and so I will be watching this closely over the coming days and weeks.
The best case scenario short term for Nvidia is that bulls can bullishly engulf and break above the key fib level and hold it as support on the weekly.
Until then, shorts or put options seem the most attractive bet in the immediate short term.
IBM More Downside?This is a short-term possibly bearish post within a longer term bullish play. Last week IBM closed out with a big 4.5% drop in one day after news of the CEO resigning. But was this the cause or was something larger perhaps in the chart in play here?
Well when we zoom out on the monthly chart, we see back in April this year IBM broke aggressively bullish out of the downward sloping green trendline and went straight to the 0.5 fib level around $153. What was missing on this move however, was a confirming retest of the green trendline. It appears the bulls were front runners of the price, and now the retest of the green broken trendline is still well in play. There is lots of bullish confluence where the price currently sits, however. So it will be interesting to see how IBM's price will behave both this week as well as the remainder of this new month. Right now is a decent area to nibble on a long but be on the lookout for a retest of the green trendline and keep stop losses tight as this has been a roller coaster of an asset.
NVIDIA to bottom fib retraction zoneTechnicals and fundamentals supporting short position
- Nvidia has risen 25% in the last month to date, suggesting it may have a gap to fill - 90% of gaps get filled
-Overbought on every timescale and has rarely stayed above a 80% overbought level for more than a few days, which it is long
- Stock split coming in mid-July, which will jumpstart a stock buying spree as the stock becomes more accessible to retail investors…due for a correction before the
- Based on this chart, Nvidia has retreated into its bottom fib zone every time after hitting its peak fib zone, which is where it is currently positioned
Strong Buy Now: The best setup digital AI company on the CSEBoy, I scan companies for a living and although this ones balance sheet (as I write this) may not be the best pick for VALUE today, it is certainly setup well for an earnings surprise going into Q2. The CEO has said they have realized over $1.5M USD of top line revenue with an entire MONTH left in the quarter.
Not to mention - he even said he fully expects to see $15M annually in the near to medium term. They closed HUGE contracts - one of which is for 50k retail locations and even have partnered with Intel; their own app RADAR is on Intel's DOMAIN . That is huge material news that's stayed under the radar on the *little volume* CSE.
This is my number 1 pick right now; this one will turn a lot of heads super quick. Also the chart is setup nicely for a long. Trade it, hold it, long term hold it whatever you chose to do just BUY it.
INTEL LONG!Hey friends!
Today we have beautifull news.
Biden-Harris Administration Announces Supply Chain Disruptions Task Force to Address Short-Term Supply Chain Discontinuities FINAL REPORT.
The Administration recommends that Congress support at least $50b in investment in domestic semiconductor manufacturing.
Long on intelbeen waiting for this play since April. Must close above 57.50 and form bullish candles with increased volume either rejecting the down side or breaking 57.50.Check picture for when I will possibly enter. I will not enter this trade till the indications(am I using this word correctly? or what other word can I use?) stated are met.
infrastructure play through Intel; Go long INTCSemiconductor manufacturing on United States soil has now become a priority in the infrastructure bill which is one priority that has full bipartisan support as it is a matter of national security and the ability to not rely so heavily on foreign supply chains.
If that doesn't scream Intel to you, then I don't know what to tell you. Intel is an American company that is currently investing $20 billion for new fabs in Arizona that will undoubtedly receive some variety of government subsidies.
It has found significant support with the 200DMA and recently double bounced off of it breaking from its downtrend from the initial build up at the beginning of the year. 50 0n the RSI should act as some support to build strength as this hated name becomes more widely followed and loved on the Street once again.
This is a stock you buy and hold for 10 years.
*This is not financial advice, just ideas, do your own DD.*
INTC FORECAST - INTEL CORPShorts look good in this area above green. stops above white. targets below green. This one has tagged the orange line so if price fails to gain here theres a solid chance the yellow line (40) will get reached. THIS IS NOT FINANCIAL ADVICE. THIS IS RECORD KEEPING ONLY. DO NOT BLINDLY FOLLOW MY TRADES.
INTC Intel Cup and HandleNo many are talking about this, but this C&H that took 22 years to develop, looking very promising for me.
But I feel that not many are looking at this, but earnings are good and look like they are gaining back some momentum.
we are approaching an important resistance and if we breakthrough the C&H could bring the price up to $130/share with a possible entry in the $80/share area
Your opinion on that?
BULLISH INTEL $INTC - Nothing but good newsOkay hear me out.
seekingalpha.com
Today they released this flagship chip. We all know the future is in microchips based on the $130 billion TSM pledged to spend, plus they're opening a plant in Arizona AND so is Intel . WTF is going on in Arizona??!??!?!
Look at the earnings. Last quarter they blew the estimate out the water. And look at the next earning date. WHAT! they're going to kill it.
Robots, ai, computers, microchips are the future. Intel, AMD , TSM all the way to the moon baby.
flag formation in AMDBullish flag formed in AMD
As Intel rumors were confirmed, AMD took a beating. But these rumors are non-threatening, at least in the short-term. Intel has yet to finish their 7nm chip whereas AMD is already working on their 5nm chip. AMD is way ahead of the game, more involved with gaming than intel because of their additional console exposure. Intel's new Fab's won't be fully operational/have an effect on financials until 2023 or 2024.
In the meantime, AMD is crushing it. AMD may bounce here while the reality of the timeline sets in and causes INTC to sell-off after an incredible YTD run based on whispers of their plans.
AMD might bounce off the flag line or the resistance line (doubtful it breaks resistance) and mimic its recent impulse. "History doesn't repeat itself, but it often rhymes". If it breaks the flag trendline the next support is at the $48 level; that scenario is highly unlikely.