Company Description:
Intel Corporation is one of the world's largest semiconductor chip maker. The Company develops advanced integrated digital technology products, primarily integrated circuits, for industries such as computing and communications. It also develops platforms, which it defines as integrated suites of digital computing technologies that are designed and configured to work together to provide an optimized user computing solution compared to components that are used separately. Intel designs and manufactures computing and communications components, such as microprocessors, chipsets, motherboards, and wireless and wired connectivity products, as well as platforms that incorporate these components. The Company sells its products primarily to original equipment manufacturers, original design manufacturers, PC and network communications products users, and other manufacturers of industrial and communications equipment. Intel Corporation is based in Santa Clara, California.
Analysis:
When taking a look at the 4 hour chart, I see a few indicators that give me bullish sentiment:
1. Candles near strong support.
2. RSI Oversold.
3. Mac D on it's down side.
4. High before the most recent previous high was broken.
5. 200/50 EMA Cross w/ 2 Orange Renkos.
Looking for a price target of $57 and up! Not Financial Advice. Always Do Research Before Decision!
Intel Corporation is one of the world's largest semiconductor chip maker. The Company develops advanced integrated digital technology products, primarily integrated circuits, for industries such as computing and communications. It also develops platforms, which it defines as integrated suites of digital computing technologies that are designed and configured to work together to provide an optimized user computing solution compared to components that are used separately. Intel designs and manufactures computing and communications components, such as microprocessors, chipsets, motherboards, and wireless and wired connectivity products, as well as platforms that incorporate these components. The Company sells its products primarily to original equipment manufacturers, original design manufacturers, PC and network communications products users, and other manufacturers of industrial and communications equipment. Intel Corporation is based in Santa Clara, California.
Analysis:
When taking a look at the 4 hour chart, I see a few indicators that give me bullish sentiment:
1. Candles near strong support.
2. RSI Oversold.
3. Mac D on it's down side.
4. High before the most recent previous high was broken.
5. 200/50 EMA Cross w/ 2 Orange Renkos.
Looking for a price target of $57 and up! Not Financial Advice. Always Do Research Before Decision!