INTC - BULLISH SCENARIOIntel Corporation designs, develops, markets, and sells computing and related products worldwide. It operates through Client Computing Group, Data Center and AI, Network, and Edge, Accelerated Computing Systems and Graphics, Intel Foundry Services, and other segments.
After the formation of a triple bottom, the expectations are for the price to break the $ 31 resistance level and continue its move to the $37 - $ 40 price level. The company`s business model remains strong despite the lost market share by AMD.
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INTC trade ideas
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
The other side of consolidation This stock is in a consolidation. The support is at 25 and the resistance is at 31,5. Be on the lookout for the breakout as it can happen within the next weeks. Personally, I doubt it will breakout to the downside as I see numerous bounces from the 25 area, which proves to be a strong one on that. If this thin were to go above 31,5; I believe it will reach 38. This movement will be taking quite a bit of time unless some news or good earnings will cause it.
RectangleINTC is having issues getting off the bottom.
Rectangles are neutral until broken. The top line is R and the bottom line is S until broken
3 year low 24.59. 3 year high 68.49.
Earnings 4-27
No recommendation.
EPS (FWD)
0.53
PE (FWD)
55.25
Div Rate (FWD)
$0.50
Yield (FWD)
1.71%
Short Interest
1.71%
Market Cap
$120.63B
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!
INTC - Falling Trend [SHORT TERM]INTC is in a falling trend channel in the medium long term. The stock is moving within a rectangle formation between support at 25 and resistance at 30. A decisive break through one of these levels indicates the new direction for the stock. The stock has support at 25 and resistance at 30.
INTC@NASDAQ - MY NEW HORSEEstimated report for 27th March is $11.22B
Technically looks positive and the cheapest one in the sector as well.
I believe in INTEL for the next earnings & revenue report. I crave to see!
Besides,
INTC@NASDAQ (Name: INTEL CORP) announced a cash dividend with an ex-dividend date of 20230206 and a payable date of 20230301.
The declared cash rate is USD 0.365.
Let's see.
Weekly RSI DIVERGENCE + TRIPLE BOTTOMWhat more can you ask? :)
* ๐ง๐ต๐ฒ ๐ถ๐ป๐ณ๐ผ๐ฟ๐บ๐ฎ๐๐ถ๐ผ๐ป ๐ฎ๐ป๐ฑ ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐ ๐๐ต๐ฎ๐ฟ๐ฒ๐ฑ ๐ถ๐ป ๐๐ต๐ถ๐ ๐ฝ๐ผ๐๐ ๐ถ๐ ๐ป๐ผ๐ ๐ณ๐ถ๐ป๐ฎ๐ป๐ฐ๐ถ๐ฎ๐น ๐ฎ๐ฑ๐๐ถ๐ฐ๐ฒ. ๐๐น๐๐ฎ๐๐ ๐ฐ๐ผ๐ป๐ฑ๐๐ฐ๐ ๐๐ผ๐๐ฟ ๐ผ๐๐ป ๐ฎ๐ป๐ฎ๐น๐๐๐ถ๐ ๐ฎ๐ป๐ฑ ๐ฟ๐ฒ๐๐ฒ๐ฎ๐ฟ๐ฐ๐ต.
INTC, 10d+/41.63%rising cycle 41.63% more than 10 days.
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This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only.
Intel Corporation - Buy the Raid, Ride the WaveSemiconductors were supposed to be the "21st century oil," but they aren't. Whoever believed that was really not rational. Because oil is for heating stuff, making plastic, and fueling vehicles, while computers are just computers are just computers are just computers.
Intel has not been bullish, only trading within a $6 range since October. A lot of other tech/Nasdaq stuff has been a lot more interesting to trade, but I personally like these companies that are in the low double digits and usually don't do insane things in one day, because the premium and spread for the options market is usually much more sane, and risk management is really the most important thing.
Plus, once these kinds of equities go, they tend to surprise well and are a lot better than gambling on if you can catch the latest 10% day on Tesla (you won't. Mastodon's socialists told you ELON MUSK BAD).
Anyways, I am expecting that markets at large will bear trap in and around the beginning of February and FOMC. The next FOMC is 6 weeks away in the third week of March, which gives a lot of time to head fake and take traders in the direction they like seeing the least right now (up).
Thus, based on Intel's price action post-earnings after missing EPS estimates by 50% and yet only dumping $1.50, that the market makers' intention is to gun the October low.
I believe you can buy $23.50-$25 in anticipation of a marketwide pump that will ultimately prove to be an exit pump designed to unload bags, fill banks' "big short" strategy, and totally destroy the existing short sellers in the market, heading into roughly May and July of this year.
Intel's long term price action is prime for this, as we have a large volume gap spanning 7 years in the $42 to $37 range, most evident on the monthly.
You may not see another run below the $24.87 low, since it was taken months ago.
But since Intel has yet to bounce, but has also proven to not actually be very bearish, a raid below the lows seems more likely than not.
The problem from a risk perspective is that a raid may not really be a raid. Intel can just be on its way to $0, but at the same time, the company really is the biggest processor manufacture for all the computers normal people use, and is "only" market capped at present at $116 billion.
Rival Taiwan Semiconductor TSM has a similar breadth pattern, but never took a previous low, and has bounced vigorously into a volume gap of its own from 2021.
Right now, the world is not okay. The pandemic situation in China with Wuhan Pneumonia is countless times more dire than mainstream media and social media are leading you to believe. It's really serious, as many individuals, corporations, and governments are tightly wed to China.
But unfortunately, many of those weddings weren't with "China" but the heinous and unforgivable "Chinese Communist Party."
The situation in this world can change overnight and all long trades have significant risk of total liquidation, no matter the appearance.
Make sure you take good care of yourselves and your families. Remember, money is a thing that you can't take with you.
Rectangle//Price appears to be in a horizontal trading zone and could bounce back and forth inside for a while.
Targets listed are green above the structure for a break to the upside with T1 in larger type than T2 and so on.
Many would focus on T1 and T2 is listed in case T1 is passed.
This seems to be really cheap for a company of this size, but I suppose there are good reasons it is so cheap.
The high dividend is probably costly for INTC to pay with the stock price sinking this low. Dunno so will watch this one..
No recommendation.
ATL 0.34 ATH 75.83
EPS (FWD)
0.55
PE (FWD)
50.52
Div Rate (FWD)
$1.46
Yield (FWD)
*****5.29%*****
Short Interest
1.89%
Market Cap
$114.22B
INTC - New Double BottomINTC is low in range on this symmetric triangle that has formed after the channel down and seems to have made another Double Bottom. If this level holds and we dont have a drop lower into an "h", then 1.618 target on this should take us back up to the top of the range for the formation around $29.50 - 30.00.
We are also between the 618 & 786 time FIB so we are in range for a breakout. Since the triangle is symmetric, a breakout direction could be up or down equally.
If this triangle plays as a bear flag, the lower 1.51 target for that would be as low as $8.44. Not likely, but that's where the target lands.