Swing trade in the worksSwing trade analysis.
Looks like a decent play in this purple zone.
Looking to enter in next few days assuming this doesn't drop harder than I predict.
Price Target @ $50
Stop loss @ $39
INTC trade ideas
INTC - Buy the Dip?NASDAQ:INTC
Potential to buy the dip trade in INTC post Q3 earnings if the 1y low around USD 45 holds true .
Spot Price USD 46.29
Limit Price USD 45.00
Stop Loss USD 41.50
Take Profit USD 55.50
R/R ratio 3:1
Rationale:
Fell through initial support at USD 48 post Q3 earnings
USD 45 marks 1 year low, i.e. strong support level
Tends to trade range bound in a USD 8-9 channel between earnings seasons
Analyst target price USD 53.73
MACD has turned negative and a reversal before engaging in a trade would deliver additional support
Conclusion
No intention to hold a longer term position in the stock unless the underlying fundamentals in the stock show a pivoting shift
Patience before engaging in this trade will be key
INTC next target support 44Intel just keeps falling every single day, I am not personally taking a position until we get a decision around the March low, if support can be found, then potentially it could retrace, but for now, still targeting the 44 region. Copyright Rohan Karunaratne 2020
INTC Found Support OR DID IT?Keep an eye out here a break of 46 could be a move to 43. We gave this play away on our watchlist Friday and 50% ROI. We would like to do it again :)
Intel to bounce off from here Intel is just above the monthly trend line. Indicators are pointing to a possible bounce off from near around this area.
If this long term trend line is broken by the sellers then look for the fake break out for a nice setup.
Be patient.
Disclaimer, this is only for entertainment and education purposes and doesn't serve by any means as a buy or sell recommendation.
Personally I hold both long term long positions and occasionally short term short position, for disclosure purpose.
INTC lower low below major support region, targets remain lowerStill waiting for a consolidation pattern, especially after breaking below the lows set a few months ago in the 46 region. Copyright Rohan Karunaratne 2020
INTC, like clock workNice habit of forming solid support lines with the price action finding new highs after a bullish trend line starts to form. I wouldn’t be suprised if a new bullish trend line starts to form with a breakout of current resistance in the coming months.
Long on rebound of support line. Stop loss loss is break of current lowest support.
Use risk management as always.
Thank you for reading.
Intel Corporation Still BullishHi traders,
Intel corporation can be trading in a bullish impulse, up from 2008. We can see completed legs (1), (2) and (3), meaning price activity since the beginning of 2020 can belong a a corrective wave (4). We see sub-wave C of (4) underway, which can look for support at former swing lows, and at Fib. ratio of 50.0 (43.7/42.4 level).
trade well,
the EW-forecast team
INTEL SHORT ON 231020 TARGETS $39Intel is now under immense pressure targeting $43.33 then $38.96.
Short signals on both the ST 4hr and daily chart points to $43.33 and the short signal issued since the 24th of feb this year on he weekly charts points to further weakness LT towards the supertrend target of the monthly charts at $38.96.
The LT uptrend on the monthly chart where the long signal was issued in 2012 is 8 years in up cycle and seems to be weakening with all the ST/MT indicators flashing a sell. Buyers beware. Profit taking is advised.
Huge opportunity 2 decade long cup and handle. Despite AMD winning 5nm and 7nm, I am still extremely confident with Intel because of its budget on developing new products. Let’s see if Intel makes it!
INTC longPE 9.3 (industry 39.7, market 19.2)
PB 2.5 (industry 3.4, market 1.8)
PExPB 23.3
good PE in comparison to the industry; solid ROE, solid net profit earnings; low growth but stable revenues
INTC - Elliottwave analysis INTC - The last gap down price seems the part of impulse cycle A wave in 10 min time frame. Overall the down move in 2 hr time frame is double zigzag combo correction and (Y) wave as wxy is in progress, where final move down y is on the way to new low. Sell on bounce of b wave once the down move confirmed impulse in 10 min time frame, which was easy set up because, INTC is under performing the SPX for long.
Give thumbs up if you really like the trade idea.
INTC Buy the Dip!Intel est présentement une excellente occasion d'achat sur support de la EMA200 weekly qui a fait ses preuves dans le passée.
INTC target 47 for consolidation before beginning wave 1Looking back on the last time Intel sold off this fast, and using that history to make these fibb level projections about how the next rally could potentially play out. Im currently waiting for more consolidation before I decide to make an entry, but this is somewhat how I see this playing out. Copyright Rohan Karunaratne 2020
Intel Stock AnalysisBased on Technical analysis, just hold for now before going log as per tentative bullish trendline or channel theory.
Intel — Shares of the chipmaker lost more than 11% after Intel reported weaker-than-expected revenue for its data center unit during the third quarter. The company also reaffirmed the delay of its next generation chips. Intel’s overall earnings and revenue results were roughly in line with projections.
NASDAQ:INTC
