** The months ahead **
After decades of semiconductor dominance, Intel faces unprecedented threats to its business model. AI computing revolution, manufacturing missteps, and relentless competition from AMD and NVIDIA have created what some analysts call "a potential death spiral" for the tech giant.
The floor could be much lower than anyone realises, especially as the 2 month candle draws to a close in 14 days.
On the above 2 month chart price action has closed under 30 years of legacy support. A trend line that gave up support on July 2024. That was shortly after publishing the “Incoming 60% correction for Intel Corporation” idea (below).
Buckle up, we’re now looking at a 80% correction to $5.
Why? Market structure has been comprehensively destroyed. For whatever reason, America does not want the rest of the world purchasing its products… internal orders only! This decision coupled with internal demand collapse creates the death spiral. Orders shall resume once the the protectionist experiment has come to pass, but until then, our greatest teacher.. history.. tells us nothing good will come from this experiment on businesses dependant on the world marketplace.
Double tops in price, especially parted by some months, together with a confirmed bear flag are particularly powerful. Take the collapse of the Finnish bank OmaSp (below). Despite the negatively commentary, (really good contrarian confirmation!), the collapse to the floor follows.
Is it possible price action ignores all the hullabaloo and reclaims legacy support? Sure.
Is it probable? No.
Ww
“incoming 60% correction for Intel Corporation”
Finnish Bank OmaSp collapse
After decades of semiconductor dominance, Intel faces unprecedented threats to its business model. AI computing revolution, manufacturing missteps, and relentless competition from AMD and NVIDIA have created what some analysts call "a potential death spiral" for the tech giant.
The floor could be much lower than anyone realises, especially as the 2 month candle draws to a close in 14 days.
On the above 2 month chart price action has closed under 30 years of legacy support. A trend line that gave up support on July 2024. That was shortly after publishing the “Incoming 60% correction for Intel Corporation” idea (below).
Buckle up, we’re now looking at a 80% correction to $5.
Why? Market structure has been comprehensively destroyed. For whatever reason, America does not want the rest of the world purchasing its products… internal orders only! This decision coupled with internal demand collapse creates the death spiral. Orders shall resume once the the protectionist experiment has come to pass, but until then, our greatest teacher.. history.. tells us nothing good will come from this experiment on businesses dependant on the world marketplace.
Double tops in price, especially parted by some months, together with a confirmed bear flag are particularly powerful. Take the collapse of the Finnish bank OmaSp (below). Despite the negatively commentary, (really good contrarian confirmation!), the collapse to the floor follows.
Is it possible price action ignores all the hullabaloo and reclaims legacy support? Sure.
Is it probable? No.
Ww
“incoming 60% correction for Intel Corporation”
Finnish Bank OmaSp collapse
Note
And no doubt this is them trying to put a positive spin on the situation, one wonders how bad it actually is.."Intel's 2Q outlook is disappointing, CFRA Research analyst Angelo Zino says in a note. But the chip maker's aggressive cost-cutting measures--which include limiting capital expenditures and operational expenses such as marketing and R&D--stole the show during its recent earnings report. "While we applaud the enhanced cost-cutting efforts, share loss is an issue while the planned second-half ramp of Intel 18A will be crucial," he writes. "We think Intel remains in a tough position, as competitive pressures across the PC and server markets only intensify, with the company lacking the proper offerings to successfully compete, in our view." Shares fall 4.7%."
Intel is about to pay a heavy price for years of chronic underinvestment whilst competitors innovate.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.
BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy
Weblink: patreon.com/withoutworries
Allow 3-6 months on ideas. Not investment advice. DYOR
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.