Hello traders,
Time to take a look at INTEL, the dinosaur of the US markets!
I wrote an analysis that worked well, and I put the stock on my watch list!
I think the stock bottomed @ $32.15 on October 26th and has since rallied to a new 52-week high. The next one is at $44.93 on June 01, 2022!
If traders enter the stock with a call option, I recommend waiting for a corrective pullback in the coming days. A possible range could be at or around $41. To protect your capital, I recommend selling a call at this level. There are many other strategies.
If the stock continues to spike, target areas range from $44.93 to $48.90 to $52.51!
Be patient these days and take care.
Have a great week.....
Ruebennase
Please ask or comment as needed.
Trading based on this analysis is at your own risk.
Time to take a look at INTEL, the dinosaur of the US markets!
I wrote an analysis that worked well, and I put the stock on my watch list!
I think the stock bottomed @ $32.15 on October 26th and has since rallied to a new 52-week high. The next one is at $44.93 on June 01, 2022!
If traders enter the stock with a call option, I recommend waiting for a corrective pullback in the coming days. A possible range could be at or around $41. To protect your capital, I recommend selling a call at this level. There are many other strategies.
If the stock continues to spike, target areas range from $44.93 to $48.90 to $52.51!
Be patient these days and take care.
Have a great week.....
Ruebennase
Please ask or comment as needed.
Trading based on this analysis is at your own risk.