INTC saw a decade long uptrend until competition from AMD and NVDA likes hit the Co. After forming a double top at 69+ it retraced at fibo .786 to a local low area of 24-25 where the stock consolidated and shaped a double bottom. It bounced off to fibo 0.618 level in 51-52 area and it's sliding again to 0.618 level of the last upward wave. Would consider a 34.8 as...
Look for a bounce back to 40-41 here off trendline support. Daily candle closing outside Bbands and hourly oversold!
Long over 37.00
Target 40.00 or 200sma
Stop loss 36.00
So much confluence here its insane. Between the .786 Fib being a magnet for the .236 and price touching the bottom on the rising parallel channel.\
buy buy buy buy. I'm long 30k shares LOL
Ticker: INTC (Intel Corporation)
Current Price: $36.49
Support and Resistance Zones:
INTC is currently showing signs of bouncing off a crucial support zone, delineated by a purple rectangle spanning from $35.50 to $37. This area has historically attracted buying interest and is pivotal for the stock's current movement.
Looking ahead, we have identified a...
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Intel ( NASDAQ:INTC ) has raised the stakes in the competitive arena of artificial intelligence (AI) chips by unveiling its latest innovation, the Gaudi 3. As chipmakers intensify their efforts to produce semiconductors capable of training and deploying complex AI models, Intel's Gaudi 3 emerges as a formidable contender, poised to challenge Nvidia's dominance in...
if we look at a weekly candle, we see that the price is on wave c (i.e. the last wave before we go up) + we are on a strong support area 37_37.2, I buy with a long-term view, if you think about the short-term, it is a good buying position and sell at 39.68
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 $37 using options to dabble in possible upside while remaining flexible for defending the positions.
Intel is Bearish on a Monthly timeframe, the price reacted on a supply zone and switch from bullish to bearish structure in weekly timeframe, we can observe a break of structure.
This is the signal to sell Intel.
First target (24$)
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
Looks like a possible buy zone incoming. April 25th earnings and future outlook could aid in a move higher going into July potentially filling the gap in the $40's.
See the double top? When the markets open today I'll put a sell order, prices is testing the broken support. At the same time SPY is testing the 500 level and I think is going to be rejected again so expect another sell off soon. Is going to take more for the market to break out the 500 level. We will see a lot of volatility in on the upcoming days and I intend to...
Intel may now be the Dinosaur of the industry.
Just hit a major support that bulls must hold.
Expecting at least a small bounce if not bottom.
$ 36.56 - 37.03 is the critical support to hold.
$ 31.30 - 31.88 is the next strong support below.
$ 41.08 - 41.24 is the minimum bounce needed.
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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...
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
