INTC trade ideas
Breakout or Breakdown eminent?For the past year Intel has taken a beaten. This started when Intel announce they will not be delivering the new smaller nano meter chip. Subsequently after that earnings report the stock dumped 20 %. Since then the stock has trickled lower with a few up ticks creating lower lows. Over the past few months it has a created a descending triangle, which coincidentally matches the long term trendline. I think the stock is reaching a point where it may break out further, or completely breakdown. Possible plays include a strangle or straddle to capture any big swings. The fundamental side will indicate to take a short position in part due to the strong demand for AMD chips, and with the increasing trend of major companies, such as Microsoft and Apple manufacturing their own processors.
TM Is A HUGEEE Day For INTCINTC has tested the yellow support line at $64 and is coming up now to test the black resistance line. Could see some big moves out of INTC TM and going into the next trading week.
INTCINTC looking to complete next push, my PT is around 68-69$. MACD following its previous trends, looking for a nice push up in the next week or two.
Looking to bearishly breakout of a Rising WedgeThis is an update to a previous chart of intel where i took 10 months of price action and called a diamond bottom. Now in this new edition i am adding a Rising Wedge along with the bearish crossing of the MACD. Will price action continue to so smoothly follow the rules of the patterns on Intel? We Shall see..
I believe that a reasonable target for a breakdown of the wedge will be towards the 200 SMA and EMA at Around 54 dollars or so.
My entry and exit for IntelIntel has a new CEO, and I'm very excited for their future. Unfortunately, Intel is in double-top territory, so I'm comfortable with waiting.
INTEL (INTC) opportunity with RRR 1:6,5NASDAQ:INTC Few points about $INTC (Intel) which shows this stock is undervalued and good to invest:
1. Total revenue TTM: 78,1B USD
2. Net income TTM: 21,95B USD
3. Total equity (2019): 77,5B USD
4. Free cash flow TTM: 20,32B USD
5. P/E: 9,23
6. Gross margin > 53%
7. Dividends yield FY: 2,8%
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.
INTC, the next big thingIntel has been the lagging chip stocks amongst its peer.
While chart wise, the rest have made a remarkable breaking of upside and overshot the sky limit, Intel is seemingly crawling in pathetic manner.
This perhaps due to its past unproductive business model causing price to grind extremely slow
However, with the CEO's revamped approach, i believe Intel is the underdog to watch in long term.
In Oct 2015, when i posted my opinion, Intel stock price was around 33.
Though not exceptional, this investment would already had 100% return by now, closing 63.77 on 30Mar21
It will blossom in near future
Just my humble opinion
Intel & AMD 6 month comparisonIntel & AMD 6 month comparison:
Intel = +29%
AMD = +2%
Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. This is for educational and entertainment purposes only. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
INTC Breakout I'm expecting a bullish breakout at $66 in the upcoming week. First target 1.618 Fib ($71)
Stop loss at $57 (-2 pts below most recent HL @ 60.89)
INTC AMD MU TSM NVDA comparisionmajor Semi names at a glance
focus on INTC and watch AMD with caution
Intel Corp (INTC) rallies, but pay attention to market signaIn the last weeks, this stock has been heavily traded. Many sites talk about title rallies, but....
Technically it's a bullish moment, but the last three days have created a pattern that I don't like. If I had the stock, I'd be careful.
A news by MarketWatch: www.marketwatch.com
A news by FXEmpire: www.fxempire.com
INTC post-arizona chip factoryExpect a buying dip after the news cools down.
Good opportunity to break 70!
INTEL EXPECTED TO HIT PREVIOUS HIGH OF AUG 2000 with confirming ascending triangle breakout and all signs of good news we can expect price to reach close to $75
current stock status retesting .
can buy now
target : $75
stoploss : 60.81
HURDLE BETWEEN 67 TO 69.
CAN KEEP ON BUY LIST.
resistance=support nowtop trendline resistance is turning into support on this one, now ready to break all time high resistance and maybe even cross AMD price per share soon?!
INTC reports that the new CEO bought $10 Million of INTC stock in the open market on 3/18/2021 at $63.79 per share...
This represents approximately 16 percent of his net worth!
The CEO is giving a webcast on the future of INTC technology leadership on March 23(today) Any new CEO would not give a webcast update if he/she had bad news to tell to investors/analysts. I think the new INTC CEO will give a very positive update on a 7 nm chip manufacturing process. Hoping to see $70+ soon... very possible in my opinion
INTC > 7% after hours due to "unleashed" new CEO delivered a very interesting, positive and optimistic update - featuring CEOs of MSFT and IBM - and announcing new intel foundry service and new fabs -- and re-assuring product roadmap for the next 2 years.
the market reacted with almost a >7% move (as of this writing) even before the "Intel Unleashed" event is finished!
do we expect a strong run from here after this initial positive market reaction ? i think we will. maybe that was the catalyst we were looking for to fuel a new breakout.
(i'm long INTC)
keep it on your watch list!A perfect Trading PLan never miss any opportunity, no matter it is a buy or a sell..!
