Intel Corporation
Long

$INTC with 2 patterns! (5/5)

203
Conviction: 5/5


General Thesis
  • bouncing off of long-term channel support (since 2009)
  • Weekly RSI not quite bouncing off historical turning points
  • not super clear, but could be forming a lont0term cup and handle


Growth
  • Margins quite low compared to own history
  • low growth


Value
  • cheap, ESPECIALLY compared to other chipmakers
    • Fundamentals
      low debt/asset ratio and plenty of cash to deal with short term debts

      Potential Risks
      • expensive market...
      • 2000-era peak continues to serve as resistance

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.