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ashainp

Does INTC deserve a 15% drop ?

Long
Intel Corporation (NASDAQ:INTC)  
ashainp  
NASDAQ:INTC   Intel Corporation
Fundamental Analysis Support and Resistance Trend Lines TECH panicsell buythedip options Bullish Patterns semiconductors
6
0
fundamental supportandresistance trendline tech panicsell buythedip options bullish semiconductors
Bought in @51
+ A bull call spread Jan '22 @52.5/90 $4.89

Thesis: Fundamentals.
Impressive growth rates, ROI with solid financial health and valuation.
short term panic for delaying next-gen chip for 6 months. Doesn't deserve a 15% drop imo.

TA,
March level=45 strong support
Short term panic
People selling to buy more TSLA ;)

Medium-term hold
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