Intel filling upward gaps, 50% + potential
Intel is objectively making very low prices. Be fearful when others are greedy and greedy when others are fearful.
Intel is planning on releasing new GPUs in mid 2024, smart move in these crypto & ai filled times. From what we know, the new GPUs should be able to compete with NVDIA and AMD, giving Intel the space to expand more into this booming sector.
tomshardware.com/news/intel-arc-gpu-roadmap-2022-2023-leaked
Intel is planning on releasing new GPUs in mid 2024, smart move in these crypto & ai filled times. From what we know, the new GPUs should be able to compete with NVDIA and AMD, giving Intel the space to expand more into this booming sector.
tomshardware.com/news/intel-arc-gpu-roadmap-2022-2023-leaked
Note
Added possible strong trend line. The red lines indicate gaps to be filled.Note
Interesting longterm bullish take: reddit.com/r/wallstreetbets/comments/1cfrrec/intel_the_opportunity_of_this_decade_for_retails/
Trade closed manually
Pretty sure we're heading into recession so that's why I'd currently leave this trade.
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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.