INTC in the past week trended up and reversed into a trend down which then went into a low
volatility narrow range consolidation to finish out the week. I see INTC as being in the bottom
of its recent trading range and ready to head higher inthe upcoming week. The RSI lines are
in the area of 35-40 and the slope of the regression line is rapidly decreasing....
Wow lets see if it pops and pumps.
Volume is so far moving in accordance with a classic triple bottom formation:
Remember:
- Like double bottoms, selling volume should trend downward as the pattern forms.
- The longer the pattern takes to form the stronger the pattern tends to be.
- Need a good downtrend preceding the pattern.
- A valid breakout will be...
Intel has had a recent pull back to the 200 day ema. You can see that according to the DIY trading indicator that uses a combination of several indicators and order blocks, that there is demand near this 200 day ema. I think a bounce is likely.
Analyzing the financial indicators and market positions of ON Semiconductor Corp. (ON) and Intel Corporation (INTC) offers insightful perspectives for investors.
Reasons to Consider Buying ON Over INTC:
Valuation and Earnings Outlook: ON's forward P/E ratio of 14.64, compared to INTC's higher forward P/E of 18.75, suggests that ON is more attractively valued...
NASDAQ:INTC has been showing some very bullish signals on its RSI reaching underbought levels, and a triple bottom, resulting in a bullflag on the daily. I think this has room up to 48-50 to rise. They were also granted 8.5 Bln for the Ai chip plant construction.
Intel Corp., a leading chip manufacturer, is set to receive almost 20 billion USD in the US for the construction of chip manufacturing plants. This investment is part of a program to revitalise the American chip industry, including 8.5 billion USD in grants and 11 billion USD in loans. Federal funds are expected to start flowing by the end of the year.
The US...
The support area (41-42) so far has been holding strong. There is a possibility of price trying that area again and shake out the stop losses placed under. However, can see it having potential of reaching the $48 zone. Higher time frame looking good. Best of luck. Not financial advice
In a landmark move aimed at revitalizing the domestic semiconductor sector, the Biden administration has announced a staggering $20 billion investment package for Intel Corporation ( NASDAQ:INTC ). The funds, comprising $8.5 billion in grants and up to $11 billion in loans, represent the largest award under a program designed to bolster the American chip...
Tech stocks look poised to open lower but rise mildly. The Edge Finder software implies that this setup, which typically would have about a 70% probability of winning, historically plays out with an 80% win rate, suggesting a 10% edge in such trades.
Intel has fallen, and some traders may think it can’t get up.
The first pattern on today’s chart is the bearish gap on January 26, triggered by weak guidance. The chipmaker has failed to recover since, even as the broader semiconductor index surged to new record highs. That may suggest it’s less favored than peers.
Second is the January 17 close of $46.06. INTC...
had known previous fvg and had a good short side catalyst of the gov pulled the rug on the 2billion investment from the us military i believe it will continue to the down side
