Entered Intel 
INTC after-hours at $44.26. The US government is too heavily invested in this one to let it truely slide. The earnings / EPS projections show a likely major turnaround. Any dips are purely programmatic for entry (watch insiders and politicians. I may sound like a conspiracy theorist here, but a $8.9 billion investment from the US government is absolutely going to lead to major returns by 2028/2029. There is a major price gap a lot of people aren't seeing all the way back to the year 2000 between $71.38 and $73.44. That's my main target. And, like dot-com crash, it may go further until.... So, in the near-term, there could be weakness and a dip to retouch the historical average band ($30's - another entry). But my outlook is longer. And, given the need for chips and the government wanting a major return on their investment, I suspect this one is going to lead to a solid return.
Targets into 2029
INTC after-hours at $44.26. The US government is too heavily invested in this one to let it truely slide. The earnings / EPS projections show a likely major turnaround. Any dips are purely programmatic for entry (watch insiders and politicians. I may sound like a conspiracy theorist here, but a $8.9 billion investment from the US government is absolutely going to lead to major returns by 2028/2029. There is a major price gap a lot of people aren't seeing all the way back to the year 2000 between $71.38 and $73.44. That's my main target. And, like dot-com crash, it may go further until.... So, in the near-term, there could be weakness and a dip to retouch the historical average band ($30's - another entry). But my outlook is longer. And, given the need for chips and the government wanting a major return on their investment, I suspect this one is going to lead to a solid return.Targets into 2029
- $60.00 (+35.6%)
- $73.00 (+64.9%)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.