Intel - Clear StructureHello Traders, welcome to today's analysis of Intel.
--------
Explanation of my video analysis:
In 2022 Intel broke a massive previous support level at the $45 area towards the downside. This break was followed by a drop of roughly -50%. With a perfect retest of a very long term structure level, this recent pump on Intel was quite anticipated. If Intel pulls back to the previous support level mentioned in the analysis, I am looking for potential long setups.
--------
I will only take a trade if all the rules of my strategy are satisfied.
Let me know in the comment section below if you have any questions.
Keep your long term vision.
Intelcorporation
Intel's Unveiling of New AI Products Lead's to Price SurgeShares of Intel (NASDAQ: NASDAQ:INTC ) were climbing through out yesterday, seemingly in response to its "AI Everywhere" event. The chipmaker also seems to have gotten a modest boost from the Federal Reserve's decision to keep interest rates steady yesterday and its dovish forecast for next year.
Intel unveils new AI products
The company launched three new chips at the AI Everywhere event today. The first was the Intel Core Ultra mobile processor family, which Intel says offers its most power-efficient PC processors and will accelerate the development of the artificial intelligence (AI)-powered PC.
It also announced the fifth-generation Intel Xeon processor, built with AI acceleration, and CEO Pat Gelsinger showcased the Intel Gaudi 3 AI accelerator for the first time, which will be available next year.
Intel is also partnering with more than 100 software vendors to bring new AI applications to the PC market.
What's next for Intel?
Based on the stock's gains today, the market seems to approve of the presentation. Intel should be able to fill a need in the market here as there is a clear shortage of AI chips and processors -- companies like OpenAI and Oracle have complained that they simply don't have the capacity to keep up with demand.
Also, NASDAQ:INTC is trading above all of its Moving Averages indicating a Continual Bullish Trend.
WOW OH WOW. Minus $1 to target please!!INTC is failed the most recent high, it broke its uptrend and sold off right below the point of control (yellow line). I would expect a sell-off to continue to the .382 (white line which is also the next area with the most amount of volume traded.
Calculate Your Risk/Reward so you don't lose more than 1% of your account per trade.
Every day the charts provide new information. You have to adjust or get REKT.
Love it or hate it, hit that thumbs up and share your thoughts below!
This is not financial advice. This is for educational purposes only.
INTEL 10-month Channel Up targeting $40 and $43 in extension.Intel Corporation (INTC) has been trading within a Channel Up throughout the whole year and as you can see on the chart, the pressure points are best displayed with the use of the Fibonacci Channel levels. Last Thursday's bottom on the Higher Lows trend-line couldn't have come at a stronger demand level, as it hit (and immediately rebounded on) the 1D MA200 (orange trend-line).
The price even broke and closed above the 1D MA50 (blue trend-line) yesterday and more importantly completed the first 1D MACD Bullish Cross below 0.0 since August 30. It is a similar rebound sequence where again the price was just above the 1D MA50 and eventually completed a +25.24% rise, marginally above the 1.382 Fibonacci horizontal extension. Every time the 1D MACD formed a Bullish Cross below 0.0 within this Channel Up, we had the same bullish confirmation signal and the stock rose by +25.24%, +38.83%, +36.47% on those occasions, always hitting at least the 1.382 horizontal Fib level.
As a result, we expect the stock to complete the 'minimum' +25.20% fractal rise, thus we target $40.00 on the short-term and on the long-term, extend to at least $43.00, which is the 1.382 Fibonacci extension and would make an optimal technical Higher High on the 2023 Channel Up.
-------------------------------------------------------------------------------
** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. **
-------------------------------------------------------------------------------
💸💸💸💸💸💸
👇 👇 👇 👇 👇 👇
Intel's Is Gaining MomentumPrice Movement
INTC is trading near the top of its 52-week range and above its 200-day simple moving average.
Investors are applying buying pressure to INTC shares today.
Intel (INTC) reported third quarter results that surpassed expectations on both revenue and earnings. The company also issued better-than-expected fourth quarter guidance. Intel CEO Pat Gelsinger acknowledges there were some headwinds Intel was facing when he took the job, and his goal was to "rebuild this iconic company." With the latest results, he says "people can see the momentum is building" at Intel thanks to cost-saving initiatives, product execution, and its internal foundry model.
Intel plans to launch new products including the Core Ultra processor, which Gelsinger nicknamed the "AI PC". Gelsinger says the AI PC aims to keep users from having to go to the cloud to utilize AI, instead, the features and data are readily available on the device itself to improve productivity. Gelsinger says these products will help Intel capitalize on the "surge in AI interest we're seeing across the board."
With new products slated to launch over the next two years in its data center unit, Intel CEO Pat Gelsinger believes the chipmaker can regain lost market share and boost competitiveness, stating 2024 is when Intel will "start gaining back share" thanks to its upcoming product releases.
Intel (INTC) -> Don't Forget This StockMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️
I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise.
This is how you build real long term wealth!
In today's anaylsis I want to take a look at the bigger picture on Intel.
Looking back at January of 2023 - after a massive dump during 2022 - Intel stock perfectly retested and started to reject a major monthly structure level at the $27 level.
With the next clear resistance level being at $46 I am now expecting more upside on Intel stock before we could then see a short term rejection away from the $46 resistance area.
- - - - - - - - - - - - - - - - - - - -
I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy.
Keep the long term vision🫡
Intel: Go for it! 💪 Since the low of wave x in orange, Intel has already shown strong upwards movement and should soon conquer the resistance at $37.11, heading for the compound consisting of the turquoise zone between $41.59 and $43.13 and the orange zone between $42.32 and $43.63. There, the share should complete wave 4 in turquoise and return below $37.11 afterward. However, there is a 34% chance that Intel could shift southwards earlier already and drop below the support at $26.86, triggering further descent below $24.55. In that case, we would consider wave alt.4 to be finished by now.
IntelI think that this share is currently in a 5-wave downward trend, which is completing its 2nd wave at this moment.
This stock has completed a 5-wave in the monthly time frame, and as a result, the current 5-wave can be wave A.
The best point for taking the position of shorts has been determined. I hope it will be fruitful for you.
Be successful and profitable
INTC - Bullish Reversals - Long On the chart of Intel Corporation (INTC), we can see two bullish reversal patterns on a daily timeframe.
We can see a Descending Broadening Wedge. This is a typical bullish reversal pattern. Once the price breaks out of the upside of the pattern the highest point of the pattern becomes the target.
The second pattern is a forming Double Bottom. This pattern indicates a bullish reversal. Once the price breaks out of the neckline the target will rise the same length as the range from the neckline to the bottom
In this particular case when the Double Bottom gets validated, the Descending Broadening Wedge will be activated too. When this happens the long position can be taken when the neckline has changed from a resistance into a support.
See all further details on the chart.
Goodluck!
Is Intel ($INTC) falling behind?In today’s educational article we will take a look at the basic metrics in Intel’s 10K annual report released a couple of days ago and define some basic stock fundamentals that an investor should take into account when analyzing a security.
Financial analysis is the process of examining a company’s performance in the context of its industry and economic environment (macroeconomic) in order to arrive at a decision or recommendation.
If you want to invest in one company there are 2 main ways to do it:
• Invest in the debt of the company (buying corporate bonds)
• Invest in the equity of the company (buying shares)
Investors in debt are concerned with the company’s ability to pay interest and the principal.
Investors in equity are concerned about the profitability of the company which translates into the ability to pay dividends or the likelihood of the share price going up.
When we study Intel’s 10K we see some financial metrics that tell us about the business performance in the previous year:
- Revenue : Intel declared that their revenue was down 20% from 2021. The total figure was 63.1B vs 79B in 2021. The revenue ( sales) refers to amounts charged for the delivery of goods or services in the ordinary activities of a business.
- Gross Margin : was down 12.8% from the 2021 figure. In 2022 the gross margin for Intel was 42.6%. The gross margin is net sales less cost of goods sold (COGS). In other words, it's the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides.
- Diluted EPS : Intel reported a diluted EPS that was down $2.92 or 60% lower than 2021. In 2021 they made $4.86 per share vs $1.94 in the previous year. Diluted EPS is a measurement used to gauge the quality of a company's earnings per share (EPS) if all convertible securities were exercised.
EPS : Earnings per share (EPS) is calculated as a company's profit divided by the outstanding shares of its common stock.
- Operating cashflow : Operating cashflow was down $14B or 48% compared to 2022. The operating cashflow is defined as the net amount of cash provided from operating activities.
The company’s management said that 2022’s results were impacted by an uncertain macroeconomic environment arising from inflation, the war in Ukraine, and COVID-19 shutdowns in their supply chain in China.
If you like our content, please feel free to support our page with a like, comment & subscribe for future educational ideas and trading setups. Also, we have a more in-depth analysis on our YouTube channel pinned on this Tradingview profile.
Buying Intel..?Intel Corporation - 30d expiry - We look to Buy a break of 28.02 (stop at 25.88)
We are trading at oversold extremes.
In our opinion this stock is undervalued.
Price action has posted a Doji candle and signals a possible reversal of the recent trend.
The RSI is trending higher.
Bullish divergence is expected to support prices.
We need to see a break of bespoke resistance (at 28.00) to confirm the positive outlook.
Our profit targets will be 33.69 and 36.69
Resistance: 27.00 / 28.00 / 30.00
Support: 25.50 / 24.50 / 23.00
Disclaimer – Saxo Bank Group.
Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.
Intel major swing Yesterday's CPI print was negative however it is very possible that the market is expecting lower CPI in the coming months and risk assets to be bid until then.
Intel is one of my top picks as it is at extremes on quarterly levels. I expect prices appreciate to 40$ range in the coming months.
INTC - Good Entry PointA Chart for intel
Red line shows a strong trend line that extends through two bull periods
From this red line we can develop a channel that shows a point of support for price at the middle line of this channel, at around $20
Bearish until middle line hit and trend reversal is apparent