You are viewing INTC on a log chart. simple and clean. Downside limit is $29. it is likely we bounce sideways until July/August before liftoff. now is a good time to start DCAing. My plan is to buy 25% of my total investment every 2 weeks from now.
Intel is objectively making very low prices. Be fearful when others are greedy and greedy when others are fearful.
Intel is planning on releasing new GPUs in mid 2024, smart move in these crypto & ai filled times. From what we know, the new GPUs should be able to compete with NVDIA and AMD, giving Intel the space to expand more into this booming sector....
Hello Traders and Investors, today I will take a look at Intel Corporation.
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Explanation of my video analysis:
In April of 2022 we saw a major break towards the downside on Intel stock which was then followed by more bearish continuation of roughly -65%. Then Intel retested a multi year long structure and created a pretty decent bullish reversal and a...
We have reached a hidden bottom characterized by the 1.27 retracement of the rise from the October 2022 low. It marked a support level from June to October 2023 and had served as a resistance from November 2022 to June 2023. This long term relevance makes it interesting today again.
If this possible valid support level will result in a bottom building we may see...
Intel Corp., ( NASDAQ:INTC ) the biggest maker of personal computer processors, Plummeted by over 13% the most in almost four years on Friday Market trading after giving a weak forecast for the current period, indicating that it’s still struggling to return to the top tier of the chip industry.
The Sales in the second quarter will be about $13 billion, the...
This could be a great opportunity to gather passive income. The price is landing on a strong monthly support at 33-34. The next support level is at 28. Buy here and sell covered calls. Example:
100 stocks at 34.4 = $ 3440
1 covered call exp 05/24 a month from now. Strike 36. Cost $ 108.
Profit %: 100*(108/3440) = 3.13% a month. If you do it every month is close...
Innovation and Market Leadership: Intel's ongoing investment in cutting-edge technologies such as neuromorphic computing and AI could secure its market leadership and open new revenue streams.
Strategic Partnerships and Expansions: The construction of new fabrication facilities with a focus on advanced chip manufacturing could enhance Intel's competitive edge,...
On the above monthly chart price action has rallied 100% since March 2023. The rally follows the break of market structure in April 2022.
The recent 100% rally has printed a rising wedge. This is a bearish chart pattern. Price action prints a bearish engulfing candle at broken market structure.
Market structure resistance is also previous support that saw price...
Intel Corporation's (NASDAQ: INTC) chart presents a bearish scenario as depicted in the daily time frame. The stock closed at $34.20, marking a decline of 2.40% from the previous session. The market's sentiment towards INTC seems to be dominated by sellers, which is further reinforced by several technical indicators and chart patterns.
Price Action & Volume:
The...
Looks like a possible buy zone incoming. April 25th earnings and future outlook could aid in a move higher going into July potentially filling the gap in the $40's.
See the double top? When the markets open today I'll put a sell order, prices is testing the broken support. At the same time SPY is testing the 500 level and I think is going to be rejected again so expect another sell off soon. Is going to take more for the market to break out the 500 level. We will see a lot of volatility in on the upcoming days and I intend to...
Ticker: INTC (Intel Corporation)
Current Price: $36.49
Support and Resistance Zones:
INTC is currently showing signs of bouncing off a crucial support zone, delineated by a purple rectangle spanning from $35.50 to $37. This area has historically attracted buying interest and is pivotal for the stock's current movement.
Looking ahead, we have identified a...
🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
INTC saw a decade long uptrend until competition from AMD and NVDA likes hit the Co. After forming a double top at 69+ it retraced at fibo .786 to a local low area of 24-25 where the stock consolidated and shaped a double bottom. It bounced off to fibo 0.618 level in 51-52 area and it's sliding again to 0.618 level of the last upward wave. Would consider a 34.8 as...
Intel may now be the Dinosaur of the industry.
Just hit a major support that bulls must hold.
Expecting at least a small bounce if not bottom.
$ 36.56 - 37.03 is the critical support to hold.
$ 31.30 - 31.88 is the next strong support below.
$ 41.08 - 41.24 is the minimum bounce needed.
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Look for a bounce back to 40-41 here off trendline support. Daily candle closing outside Bbands and hourly oversold!
Long over 37.00
Target 40.00 or 200sma
Stop loss 36.00
