INTC trade ideas
can INTC finally breakout? multi timeframe update 🔥recently saw a perfect rejection from trend resistance that has held for a while, but also had bullish break past local trend resistance..
also some very unusual volume increase maybe smart moneys loading before the big rip
anyways break of 33.26 and I will most likely target long scalps or swings
boost and follow for more. thanks 💙
clear pic of the resistance, big multi month rally if it does break! no trigga no trade
INTC | Rising Wedge PatternINTC is trading within a rising wedge pattern. Price has found support at the horizontal demand level and wedge trendline.
If price continues to respect these levels we should anticipate a continuation of this bounce to the upside.
Trade invalidates if price closes below $31.50
Initial target $40; Secondary target $42
INTEL.....Add to watchlist!Hello Traders,
on September 02 I published a "trading-idea" for INTEL!
This idea implicate a "stop-buy-order @ $36.60-37-19 with target @ 39.71!
This idea worked out well, and the stock touched my target level within a "spike" of an "Inverted-hammer" candle. Since then, the stock changed trend and is now in a corrective set-up!
There is no need to jump in on a "call-option-trade", cause on Friday a fresh new sell signal occurs with a "bearish-engulfing-candle"!
Option traders can sell a call option and buy back at lower levels (this is no recommendation for a trade)!
Short-term. A break of Friday's low opens the door to 33,59 and below to 32.02! Selling pressure often ends with a long-legged candle (i, e, with a long shadow to the downside)!
So to me, it looks not complete to the downside.
I add INTEL; Ticker: INTC to my watch list!
Have a great weekend....
Ruebennase
Feel free to ask or comment!
Trading this analysis is at your own risk!
INTC bullish - more upside soonIntel stock looks good and we expect the price to continue the uptrend. On the 3rd of April, the price got rejected and established the resistance . What we can see now is a previous resistance retest and the attempt of confirming it as a support. Once it happens , more upside will be likely especially that MACD is showing increasing positive momentum.
RSI is uptrending as well which shows strength of the trend.
We are optimisting about INTC future.
4 targets are shown on the chart.
Intel UpdateIntel has a hard floor at $37, should it go lower it will not move lower than $35.
It should chop between here and $40 and form a wedge, upon breakout we will head higher into the $42-$44 range.
Short term hold (3 month time horizon) price target: $44
Long term hold (1 year time horizon) price target: $70
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.
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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🫡
INTC IS A BIG LONG TERM BUY TRUST MEINTC is looking very good my friends. It is a good time to buy long and hold. Minimum position length I would say 2 months. Maximum length infinite. Do not be dumb. INTC is INTC we are living in computer world. NOW REMIND ME WHAT CPU STANDS FOR. CENTRAL PROCESSING UNIT. WITHOUT CPU THEN COMPUTER IS MORE LIKE PPU (POOPY POOP UNIT) ONLY 2 BIG CPU AMD AND INTC AMD IS BEING PPU BUT INTC BEING BCPU (BEAST CENTRAL PROCESSING UNIT) so be smart my friends. ride with me into Valhalla. WITNESS ME
If we break out above this channel we will see $44The top of the channel is around $41, I will be writing weekly call contracts ATM once we reach $41. FURTHER upside potential if we break out above, we will easily see $44. Downside is capped at $37, I expect price action to bounce between $37-$38 before going higher.