Semiconductors took a hit after Intel slashed its earnings outlook for 2019 amid a slowdown in equipment spending by cloud computing companies and headwinds from China. Intel lost 8.99% on its announcement, gapping down to close at $52.43 and forming a spinning top after finding support at ~$52.
Entry = Break above breakout. I'll get in if I see its finding support at the bottom of the channel and moves above breakout level. Target 1 = 54.30 Target 2 = 55.19 Stop = Close below breakout level
ERIC looks like it's ready to run! On the daily chart, if the stock price can break above $8.90, it should hit $10 to $12 Every indicator on the daily chart is BULLISH As for the Weekly Chart goes... Every indicator on the Weekly is BULLISH POSITION: 500,000 SHARES COST: $8.50
Hi there. Price is forming a continuation pattern to the downside. Wait for the price to hit the top of the pattern and watch strong price action for sell.
INTC brings up a buying chance but I prefer to wait and get a better price. At the moment I'd like a short position and the target around 44 it looks ok. Sidenote: "Top-notch entries are exclusive to members of Cream Live Trading" Learn how to beat the market as Professional Trader with an ex-insider! Have a Nice Trading Week! Cream Live Trading, Best Regards!
Long Based on Fib/ Wave analysis My entry: 49.50 Stop Loss: 47.25 Profit Target: 57.50 Risk/Reward: 1:3
Short based of channels and fibs My Entry: 47.09 (any entry under 48 is okay) Stop Loss: 49.50 PT: 39.00 area
overhead resistance at psychological $50 level Measured move = $52.40
INTC NVDA AMD Advanced self-driving cars will need processors and GPU's, which means Intel and NVDA or AMD likely. Would you put another brand in with that risk? Intel as at 618 Fib Retracement near 48.48, actual 48.53 right now and hitting resistance today. Expecting midterm election will drive this up to 500 or higher retrace soon. 4h, day and week...
Folks, Fake News has Micron Bankrupt while other companies that depend on Micron products, Microsoft, Apple, Google, Amazon, Facebook, Twitter, Data Storage Services, in fact, the entire Technological Infrastructure depends on Memory and Storage to work so if Micron sales are forecast to sink by FAKE NEWS, the entire technology industry will crash with it...
INTC seems going for a completion for this 5 waves correction. I'm looking for a low degree correction and one more wave down to complete the Z wave. Then we can look to the price action on the lower channel for a potential bounce to the upside. Bullish divergence on 4h chart.
Intel Buy Idea @ Monthly Demand Zone (36.64 - 33.27) Buy Limit: 36.99 Stop Loss: 32.72 Take Profit: 50.34 Risk Management = 0.01/$100 Recommended Leverage not to exceed 1:50 Recommended Risk Ratio 1:1.5 – 1:3 Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level Close partially the contract once it reaches 80% of...
Dear Traders, We are now having a look at Intel, which had a good retracement. The price action is now trying to push above the 55 ema on the Weekly. Let's see if they manage to buy the resistance, if the bulls do, we might see a slight increase in volume, and also in price. Keep your eyes on this chart.
Intel was able to get out of its bearish triangle with high volume, looks like it could be ready to start a new uptrend.
Intel and AMD are both making industry moves to be the best in processing sales. AMD is in front as of right now but it has also been rumoured to have a AMD chip with Intel technology to help both companies grow together. This is yet not confirmed but it is defiantly an opportunity for the market. having both companies together but having AMD sel this product will...