About to explode higherWeekly rsi and macd set. It has no major resistance untill 64-65 levels. Strong buy here consodilation about to end.
Intel Corporation
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Long on intelbeen waiting for this play since April. Must close above 57.50 and form bullish candles with increased volume either rejecting the down side or breaking 57.50.Check picture for when I will possibly enter. I will not enter this trade till the indications(am I using this word correctly? or what other word can I use?) stated are met.
infrastructure play through Intel; Go long INTCSemiconductor manufacturing on United States soil has now become a priority in the infrastructure bill which is one priority that has full bipartisan support as it is a matter of national security and the ability to not rely so heavily on foreign supply chains.
If that doesn't scream Intel to you, then I don't know what to tell you. Intel is an American company that is currently investing $20 billion for new fabs in Arizona that will undoubtedly receive some variety of government subsidies.
It has found significant support with the 200DMA and recently double bounced off of it breaking from its downtrend from the initial build up at the beginning of the year. 50 0n the RSI should act as some support to build strength as this hated name becomes more widely followed and loved on the Street once again.
This is a stock you buy and hold for 10 years.
*This is not financial advice, just ideas, do your own DD.*
Return purchases on intel by corporationsThe interest of the corporations in a large number of technological actions had suddenly been exhausted, probably due to profit-taking in relation to the previous strong rises.
Instead, the interest from these categories of investors seems to return and in fact the advisor immediately gave a LONG signal at the price of 57,72 USD with a target of 63,23 and a potential profit of 9,56 %
The title graphically seems to be consistent with what reported by the advisor, in practice would return after a head shoulders overturned about the previous levels... nothing new then but an excellent opportunity for a possible profit.
Also intel seems undervalued from a price point of view according to some of my reference sites.
This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
$INTC Update - Reversing NicelyINTC showing a strong bullish reversal back to fill the gap near $62, which is my first target. Letting this one ride out
INTC FORECAST - INTEL CORPShorts look good in this area above green. stops above white. targets below green. This one has tagged the orange line so if price fails to gain here theres a solid chance the yellow line (40) will get reached. THIS IS NOT FINANCIAL ADVICE. THIS IS RECORD KEEPING ONLY. DO NOT BLINDLY FOLLOW MY TRADES.
INTC Long SwingWith an RSI of 41 INTC is clearly over sold. In addition the price has consolidated near the 200SMA for several days and the macd crossed.
I like the slight gap up yesterday to close above the 9ema
Targeting 57.66 then looking for it to move up the fibonacci scale.
$INTC Long - Target $62INTC gap fill opportunity near $62.00, follow stop loss according to chart positioning and support zone. MACD Reversal and oversold territory, long swing.
INTC Intel Cup and HandleNo many are talking about this, but this C&H that took 22 years to develop, looking very promising for me.
But I feel that not many are looking at this, but earnings are good and look like they are gaining back some momentum.
we are approaching an important resistance and if we breakthrough the C&H could bring the price up to $130/share with a possible entry in the $80/share area
Your opinion on that?
Intel is such an impressive storyThe Big Picture
There is two way you can get rich. Invest in yourself or invest in others who can do better. $1000 invested would have returned you $1879760 in 48 years. $1000 is roughly $6882 at 3.8% inflation rate per year from 1970 to present. So will i be wrong if i say you just have to pick the right stock and investing same amount will probably result in same.
When i first opened the monthly logarithmic chart INTC i was trying to make sense from Elliot Wave perspective. Looks to me its on a Millennial Grand Supercyble. Wave 2 retraced exact at .23 fibbs on log chart. Usually wave 2 goes to at least .50 fibbs. But in this case it have corrected in time. And after making an ABC correction we are going up again.
I am expecting this Minor Impulse is a fractal of wave 3 and once it goes above all time high its going to fly. Alternately if it breaks down below 43 have to rethink. Ideally i will make a long entry above 70 in Intermediate wave 3.
Note - Assuming chart is 100% correct
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Intel just popped through a resistance lineThere's some chatter in both the US and Europe about subsidizing chip manufacturing to help deal with the semiconductor shortage. That has sent chip stocks surging today, including Intel. I like Intel a lot, because it's quite reasonably valued for a chip company and has lots of plans for expanding its manufacturing capacity, which means it's poised to be a big beneficiary from any subsidies. Here are some vital statistics:
forward p/e: 12
forward p/s: 3
p/fcf: 12
forward div yield: 2.6%
patents per year per B$ market cap: 14
upside to median 4-year valuation: 8%
upside to average analyst price target: 20%
average S&P Global fundamentals rating: 70/100
average analyst score: 8/10
esg score: above average
put-call ratio: 0.9
Honestly, I think this is a long-term buy-and-hold. I had hoped for a dip to $52.20, but it looks like we may not get that low. Look for a close above resistance as confirmation of a breakout here. If we pull back and close below the resistance line, that's a signal that we may continue down to $52.20 after all.
