INTEL is releasing some new chips specifically designed for crypto mining, continues to release revolutionary chips with government contracted backing.
A sure buy for the next 20 years.
Delicious situation with the Intel stock price. In 2008, the resistance line became support. And now, before our very eyes, the price will touch this line again and skyrocket !!
(not advice or recommendation) )))
PS remember about a small stop loss and a large take profit.
I wish everyone a lot of profit!
INTC looks good long despite short term setbacks.
Technically this looks a good opportunity for me and my risk tolerance.
Definitely room to the downside for afew DCA entries, but happy at this level.
** NOT TRADING ADVICE **
Welcome to our Weekly V2-Trade Setup ( INTC ) !
Great market structure..
Looking for more upside price action!
Expecting a price turnover in most tech stocks..
ENTRY LEVEL @ 53.68
SL @ 53.03
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like...
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS...
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly...
INTC is going sideways since 2018.
INTC reaching a nice support zone
With the recent downturn in tech stocks, INTC may poise for a short term rebound.
Things to take note for downside risk:
1) This support zone is in the middle of the bigger sideway zone. so chances of winning 50:50. but it's a good time to collect some should there be a short term rebound and...
I like doing iron condors on Intel all the time and consistently just keep rolling them out. Never a huge risk play with Intel in my opinion with smaller spreads but always adds a little daily theta to my portfolio.
I don't do a lot, really none at all, Elliot wave counts with Intel. Recently, I just draw supply and demand zones and trade the range.
INTEL CORP. ticker symbol INTC
- On the monthly timeframe, a clear bullish Harami candlestick pattern shows that buyers are taking control.
- Intel compared with its competitors has the highest annual earnings(Revenue) at $17B, while AMD $6B & NVIDIA $11B.
- Intel has the strongest balance sheet between its competitors.
- FROM MY POINT OF VIEW Intel YTD is -17%...
We can set 2 entrys to this strat, 1ST now ($45.21) assuming price will fully respect the long-term support and 2ND entry with the old min trying a duble floor.
SL 1ST Entry: $42.83
SL 2ND Entry: $41.94
OBJ: Old Max $65.11
Long Term Invest
Intel and AMD are basically only two good CPU manufacturers and they have no real competition, although I favor AMD, I am bullish on both these companies.
I look to buy the break of $53 per share and take profit below $60 per share, overall almost 12% profit.
Good luck with this trade!