If NASDAQ:INTC intel obeys the bottom of the linear regression on this extremely low slow stochastic then it is likely to rebound from here.
Some longs at $38 and $37 using options to dabble in possible upside while remaining flexible for defending the positions.
Welcome to RiskMastery's Red Flag Stocks - Stocks with bearish potential.
In this edition, we'll be looking at NASDAQ:INTC ...
I believe this code is at a point of potential volatility.
If price can hold below $38.71 ... Bearish potential may be unlocked.
My key downside targets include:
- $35.15 (Conservative)
- $30.25 (Medium)
- $26.21...
Intel is Bearish on a Monthly timeframe, the price reacted on a supply zone and switch from bullish to bearish structure in weekly timeframe, we can observe a break of structure.
This is the signal to sell Intel.
First target (24$)
Second target (16$)
Reasons for bullish bias:
- Price bounced from strong weekly support
- Price respected channel support
- Weekly and daily bullish candle closing
Entry Level (CMP): 43.28
Stop Loss Level: 39.56
Take Profit Level 1: 47
Take Profit Level 2: 50.72
Take Profit Level 3: Open
Head and shoulders formation
A break of the neckline could see a target all the way down to $32
Nothing goes in a straight line, so the expectation is that the neckline could be tested more than once before either breaking down, or even going up.
After a massive gap down, INTC closed at the 200D SMA. RSI is at its lowest level and while net volume was negative, it began to rebound. Looking for a short term bounce off the 200D
Buying INTL today. The setup looks good. Price has reached the lower bound of falling wedge at the end of wave 4. Looking for the pivot point on the RSI to confirm
Targetting $50.50 price
Conservative Trend Trade
+ long impulse
+ expanding T2 level
+ support level
+ unvolumed 2Sp
+ volumed test
+ below first bullish bar closed level entry
Calculated affordable virtual stop loss
1 to 2 R/R take profit
Daily Context
"+ long impulse
+ SOS level
+ support level
+ unvolumed Sp"
Monthly Context
"+ long impulse
+ SOS level
+ support level
+ 1/2...
In the high-stakes world of semiconductor manufacturing, Intel ( NASDAQ:INTC ) finds itself in a race against time to reclaim its dominance. However, recent revelations about the company's foundry business underscore the uphill battle it faces in catching up with its arch-rival, Taiwan Semiconductor Manufacturing Co. (TSMC).
The latest blow came with Intel's...
INTC temporary correction has likely concluded. Net buys are increasing notably.
BUYERS are certainly back at accumulation phase after touching 61.8 FIB levels.
Expect some bounce from the current levels.
Spotted at 28.0
TAYOR
Safeguard capital always.
Hello,
Intel Corporation engages in the design, manufacture, and sale of computer products and technologies. It delivers computer, networking, data storage, and communications platforms. The company is currently in a correction setting the stage for a small buy opportunity.
I will be buying the stock from the current share price with my target 1 as the previous...
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...
