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Is NASDAQ:INTC a great buy opportunity while still cheap ? Well let's find out .
After the drop from around the 70 to less than 48 , this stock is much cheaper than it used to be and at the same time I think that there is still a bullish sentiment in the sens that the price is still above the green line . This , being an insufficient condition to buy, one has still to wait for a clear confirmation , which is price breaking above the 51,5-53.5 area with bullish strength (When the signal is valid I would update the post) .
At that point there will be a much greater probability for the stock to break above the white line and recover from the drop .
After the drop from around the 70 to less than 48 , this stock is much cheaper than it used to be and at the same time I think that there is still a bullish sentiment in the sens that the price is still above the green line . This , being an insufficient condition to buy, one has still to wait for a clear confirmation , which is price breaking above the 51,5-53.5 area with bullish strength (When the signal is valid I would update the post) .
At that point there will be a much greater probability for the stock to break above the white line and recover from the drop .
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