Important note: Today's low is above the previous "highest low" since the spike high was made back in June. This is a key level as it marks the point where the strongest sellers were "laying in wait" to unload their shares. It appears that INTC has accumulated in the hands of new, strong buyers and the sellers seem to be out of the way. Note the volume down...
Intel appears to be forming a double top and may be breaking a 4 day trend sending down to the weekly trend line. It may possibly break the weekly trendline and pullback to the long term trendline. Will it go higher first?
After a huge downtrend, Intel began its recovery in October 2012. It has kept a constant pace at moderate price increases. An ascending triangle has formed. The price is just under the pivot point but above the 50% fib line. It is under both the 20 and 50 SMA but over the 200 SMA. I would buy the stock as it is now. There is a nice opportunity to take a 6% gain...
Haven't made a post in a while, but I figured I'd give everyone a run down of some of the trades I'm in. INTC is one of my current favorites. They are rapidly expanding into the mobile sector and their haswell processors are extremely popular in most new laptops as they significantly extend the battery life.Earlier this week INTC broke its short term ROC trend...
the stock might hit the $25 dollars because of the dividends. I think the stock is tstill overbought for me, but from the swing trading perspective i think there are better trades out there. The main analyst recomendation is to hold.
The company has a very high gross margin compared to it's industry which i think is very important (73.60% vs 56.80% ) (. And a...
The overall market flow of the major trend is up.
Within the minor pitchfork, we see that price has tried to reach the mini median line but it retraced on tested the previous high of 18.01.2013. From then, it tested on the upsloping major median line (ML).
We expect price will dance along the upsloping ML with target indicated by the purple trendline a.k.a....
