NASDAQ:INTC Double Top Test After Earnings, Intel reported earnings on July 27, 2023. The company beat analyst expectations for earnings per share, but revenue came in below expectations. Intel also lowered its guidance for the third quarter of 2023. A double top is a technical chart pattern that often points to the possibility of a downtrend reversal from an...
Key News: Japan - BoJ Press Conference USA - Core PCE Price Index (MoM) (Jun) USA - Core PCE Price Index (YoY) (Jun) The Dow Jones Industrial Average is on the verge of breaking its longest winning streak in 36 years, fueled by Wall Street's tech-driven rally. The index achieved an impressive 13 consecutive...
Since the low of wave x in orange, Intel has already shown strong upwards movement and should soon conquer the resistance at $37.11, heading for the compound consisting of the turquoise zone between $41.59 and $43.13 and the orange zone between $42.32 and $43.63. There, the share should complete wave 4 in turquoise and return below $37.11 afterward. However, there...
I just bought a bunch of calls exp. on 06/16 strike 31.5. I think is going to test the $33.60 level after breaking out the channel.
NVDA is showing RSI Hidden Bullish Divergence at the Support Line of a Falling Wedge and the 200 Week Simple Moving Average. I have Two Bullish Targets for this Trade.
15/05/2023 1st PT - 3% and Run - 29.79 OPT - 31.10 - 31.80 SL - 28.45 - Move to breakeven when it will be close to 3% gain. When 3% gain will get reached move SL to 3% gain. 3% and RUN... CCI on -97 RSI on 43 SMI curling up signal crossover
I'm Bullish on Intel. Bollinger bands have tightened and volatility will be making it's way into the stock. This stock has been in a downtrend for almost 2 weeks now, as depicted by the trendline I've drawn. OBV has curved upwards and we have a total of 3 virgin points of control lingering above the current price. If we can break above $29.07, we should easily...
For those who like regression channels, here is a chart of Intel going back to 1973. The channel has a Pearson coefficient of over 0.9, suggesting pertinence of the indicator. There has been consolidation around the bottom of the channel, ending with a good bullish H-A candle. You will be able to see a triple bottom on the weekly chart followed by a break-out of...
Intel is a strong blue chip tech stock that could play on my TSM bearishness. If TSM does get demolished Intel will rise. Intel has strong revenue, is in many mutual funds, and is forming a potential bull flag. If I enter this position, it would be with May 19th calls 38 -40$ strike price.
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INTC may have just completed an Elliott Wave and ABC correcting down to $28.00. Unless $30.00 holds. Also MACD and RSI look to be reversing. I think $30.00 and possibly $28.00 good areas for longs. -Not Financial Advice or Trading Advice-
Ever since NVDIA went up after its February earnings call, it seems that social media traders have been afflicted with a fetish for trying to short it. There's all sorts of fundamental reasons, they say, such as NVIDIA is trading at blah blah times P/E, AI doesn't actually need chips beyond the initial machine learning phase, and of course the top reason that...
Intel seem to be around the end of this upswing cycle. It may start coming down in a day or two.
Better late than never. NASDAQ:INTC is joining other semiconductor companies in a supposedly bullish run. NASDAQ:NVDA has led the pack, with NASDAQ:AMD joining last week. NYSE:TSM has been on the forefront with Nvidia but it pulled back, as a results it's not among the leaders at the moment, but moving up. It's now a question of leader versus laggard. I...
INTC has broken out of a nice range, BO playbook setup can be used. Lets see if stocks will treat us to at least double our risk.
Is this a breakout for intel after forming a 6 month triple bottom?
I think that this share is currently in a 5-wave downward trend, which is completing its 2nd wave at this moment. This stock has completed a 5-wave in the monthly time frame, and as a result, the current 5-wave can be wave A. The best point for taking the position of shorts has been determined. I hope it will be fruitful for you. Be successful and profitable
Estimated report for 27th March is $11.22B Technically looks positive and the cheapest one in the sector as well. I believe in INTEL for the next earnings & revenue report. I crave to see! Besides, INTC@NASDAQ (Name: INTEL CORP) announced a cash dividend with an ex-dividend date of 20230206 and a payable date of 20230301. The declared cash rate is USD...