INTC trade ideas
Intel - where to next?Thanks for viewing.
I was attracted to Intel after seeing its low PE ratio, very good dividend coverage ratio (it only pays out 27% of its free cash flow in dividends so its profit could halve without having any effect on dividends), high profit margins. I haven't delved too deep, all I did was a wee EW 'buy-zone' based on a 1:1 wave (C) extension. Wave (C) always has 5 waves, so I set a tiny sliver of a buy zone between two coincident levels and went looking to see if that matched up with any fundamental factors. It did actually match up well with the low-side consensus estimates of $40 from 36 analysts (the low side was $40 and the high side was $100 - which seems to suggest greater upside); money.cnn.com $40 wouldn't be that far below the 200 week SMA which has only briefly been exceeded in the past 10 years.
A tech Company with a forward PE ratio of 11? I definitely want to know more. Yes, it has some problems - it wouldn't be a bargain if it didn't. But it invests twice as much on R&D as AMD and Nvidia combined, so while 'throwing money at a problem' isn't the most elegant of solutions, they will probably get there in the end. They are valued far far below their smaller competitors who have much less scale and far tighter margins. They are in the process of shifting away from lower growth segments to higher growth (AI, cloud computing, data centres, IOT), so its not all going to be smooth. There is a degree of uncertainty about its future product execution and the market isn't pricing in much good news. So, it has started to become attractive from a contrarian standpoint. I really think a few of the sellers last week will regret that decision if they don't take a position on the dip.
This seems to be a good "buy and forget" stock if you think we will need more and not less computing power in the future.
Yes my buy-zone is really narrow - so the chances of calling the bottom are quite small - but hey - sometimes you have to hang it out there in the breeze. That is where I will step in as a long-term buy and hold investor with a 3+ year time horizon. I will start to take profit after $80 - fingers crossed :P
Anyway, that's me, good luck everyone.
INTEL - NASDAQIntel is coming onto the radar and buy list through 13f's on many super investors.
Really good long term chart showing the exuberance of the 99 tech bubble and how long that huge cup has been forming since then.
The value investing club has it on their list and for obvious reasons.
Interested to watch this unfold.
Not a holder atm, but interesting to watch the chart play-out.
Intel (INTC) ... A Confluence of Positive PatternsA suggestion for those looking to establish a long INTC position.
1) Intel has traced out a bullish Butterfly pattern going back to November of 2020.
2) Price action has taken it to a Pitchfork bottom.
3) Within this is a Bullish Black Swan Harmonic.
4) My momentum indicator suggests near price exhaustion to the down side
No guarantees of success but I am looking to establish a long position.
I need a sign of a clear reversal both in the broader markets and for INTC.
A breach of $39.19 will probably be my INTC price entry trigger.
Upside price targets are indicated.
Not investment advice do your own due diligence and pay attention to the broader markets and interest rate trends.
Good Luck
S.
$INTC Analysis, Key Levels, and Targets$INTC Analysis, Key Levels, and Targets
My target is 34 - buy order set...
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I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed.
GL and happy trading.
IF you need anything analyzed Technically just comment with the Ticker and I’ll do it as soon as possible…
Trade Intel INTELligently!After making a double top pattern in April 21, Intel Corp is trading exactly at its support of 43.6. Looking at the overall chart and trend, it appears that Intel should break this support soon. Whenever the price touches support/ resistance it makes it weak and in this case, price is taking support @ 43.5 from last several years. Breakdown of this support means over the period of 3 years the distribution is completed and the stock is moved from stronger hands to weaker hands. This could also mean that the stock should go in down trend in medium to long term. Keep this stock in your watch list to make good profits!
Intel $26 and 5 nm in 13th gen and $100 in 2027Despite the release of the GPU from Intel, the company's shares are getting cheaper.
I think this may be due to the unfulfilled expectations of the fans. They wanted Intel to switch to the same processes as AMD - 7 nanometers or 6 and 5 nanometers like Apple for example. But instead, Intel has gone as low as 10 nanometers and is deliberately misleading by disguising this as "Intel7" in their processor specs.
But the company has some good news as well, for example they have made support for high frequency 120Hz at 5120 x 3200, 144Hz at 4096 x 2160 and 60Hz at 7680 x 4320 for embedded GPUs in the 12th generation of desktop and mobile processors. They also added support for DDR5 RAM with frequencies of 5200 and higher, which will have a very good effect on performance gains, since the bottleneck at the moment is the low frequency of RAM, the GPU uses it as video memory, since it does not have its own. They also added support for PCI 4.0. I believe that the future belongs to integrated graphics. Now they already allow you to comfortably do without discrete graphics for surfing the Internet, watching YouTube in 4K and 8k resolution.
I hope that in the 13th or at least the 14th generation, Intel will make support for 120Hz for 8K, and YouTube will add support for 120Hz at 8K for their player. I think that Intel may drop to $26, but then it will go up, maybe it will update the maximum and reach a hundred. I have an assumption that Intel decided to make a knight's move in the next generation and switch to a 5 nanometer process technology, skipping 7 nanometers!
Intel Analysis for OtosanOne of four companies who received funding from the US Gov to develop semiconductor plants within the USA (Intel, Texas Instruments, Samsung and TSMC).
Intel and Texas are domestic (more likely to receive funding in long term as coming from US tax payers). Of the two Intel was most bearish for 5+ years due to competition from AMD (direct competitor) and more recently NVDA.
Opportunity: The last fabrication site built domestically was in built in 1995 (New Mexico) for Intel and has simply outsourced manufacturing to TSMC. Due to recent global climate and supply chain issues they upgraded this old factory in 2021. This recently upgraded factory can only produce 14nm chips (THIS IS 2014 TECHNOLOGY!!!). In August, 2021 Intel has partnered with the Department of Defense and will be building two new factories scheduled to open in 2024 to make 5nm chips (2020 technology and likely to be delayed). These two factories will cost roughly the price of 12 aircraft carriers (more than the 11 in service now). Though intel claims that they will be at the TSMC by 2025 this is impossible as this assumes that TSMC makes no progress in 5 years time. Foreign Policy experts believe that this will take 10 years time and a lot more money.
Congress is currently working on a bill expected to pass by July 4th - The legislation called the COMPETES Act authorizes almost $300 billion for research and development, including $52 billion to subsidize semiconductor manufacturing and research (10x more than the recent funding for Ukraine for 35 billion). For Intel this will of course be on top of the contract from last years with the Department of Defense. Keep in mind that allocation of funds to which companies is unclear but Intel is a likely candidate for they have been already been working in partnership with the Deparment of Defense.
INTC 10-05-2022 LongAsset and Time frame -INTC,1M
Entry Price -44.39
Exit(Stop Loss) -42.22
Exit(Take Profit) -52.03
Technical Analysis - Pretty simple, the price has reached a multi-year support line that has been tested over 15 times in its past, add the 100 Month moving average, and that's a tough trade to say "no" to,
The market is choppy, bearish, and volatile, risking 0.75% instead of 1% to reduce exposure
Good luck!