Intel
Intel - More upside aheadVery similar to the SFIX analysis, we are seeing a completed 5-wave structure and a potential 3 wave corrective structure.
A potential long opportunity around the 44.17 area for more upside.
*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.
The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.
Bitcoin : IF it bottomed at 5.800$, exemple with Intel patternIf Bitcoin bottomed around the 5.800$ crucial support, we will probably keep on witnessing similarities with the pattern formed by the Intel stock: higher highs and higher lows, with a slow upward movement.
Display the intel graph for further analysis.
Bitcoin could display some close similarities if it bottomed.
If Bitcoin starts to go back close to the 6.500$, this is a sell signal imo, and not a buy signal as it would announce a very likely break of the 6.000$ support and a break of its current structure.
Mid-Range AMD Target: $23-24The positive news keeps coming from AMD, as the company continues to emerge as the global leader in hardware used in cryptocurrency transaction processing. With Intel falling further behind, AMD knows no equal in the space.
The monthly chart shows AMD currently breaking out of a bull flag pattern. The one-to-one extension of the flagpole suggests a target of roughly $24. This level corresponds with major prior resistance as well, so I anticipate a need to test the $23-24 level once or twice before breaking through.
In the more immediate future, I'm expecting a minor correction to perhaps $17 or so in response to the 18%+ gains of the last couple days.
Happy trading!
Quite some time since #Intel was nearing the 200MA...September 2017 was the last time that $INTC was trading closely to the 200MA. The breakout at the $38 price level quickly led to higher prices. I think this revisit (almost) to the 200MA is a trade idea on the long side. This would be assuming that the longer term momentum will continue to push the stock higher and that indices will reduce in volatility.
Beyond the technicals, I think we have a solid business model with $INTC transitioning away from the personal computing and emphasizing its focus on data-centers.
INTEL SHORT/LONG - SYMMETRICAL TRIANGLE/ BEYOND TECH ANALYSISThe symmetrical triangle has resulted in a bearish breakout (over a month so most likely true).
the trend is downwards due to the breakout so shorting it would also be a good idea, especially if it makes the first price check.
This is a short-term trade and will have to be monitored. At this point after looking at the trend; I personally, with my limited experience, recommend shorting it though it may be beneficial to wait to see if it hits the price check and to see by how far it hits it.
At the same time, do note that Intel just confirmed GPU's and hence the stock may start rising; my diagram is one zoomed out so please do be careful on whether the gpu announcement will change anything!!
*Please give me feedback, this is my first time setting a price check so take my words with a grain of salt
INTEL STOCKS LONG HOLD 2-3 YEARS! POTENTIAL FOR LONG TERM PROFITWhile the ADX is quite high, the PVT is however below zero so this might not be the best to invest in..... especially since it seems to now be descending.
However, I'm here to tell you it might be a smart idea to invest as Intel has just confirmed that they are entering the GPU market by 2020 and hence preventing NVIDIA from becoming a pseudo-monopoly.
Intel's stocks will most likely skyrocket and investing during this downtrend may be very profitable in the next 2-3 years; especially as gaming is getting bigger and so is crypto mining, both of which require gpu's.
A lot of investors are probably waiting for more information so it might be beneficial to invest now!
Cup and Handle formation completeiExec formation is looking pretty nice here
Fundamental Analysis:
Intel collaboration on privacy-preserving offchain computing.
Ubisoft collaboration.
Less than 5 days until the launch of iExec V2.
Technical Analysis:
Cup and Handle formation almost complete.
Await breakout of handle formation.
Target - 4000sats
STOP LOSS: 2007Sats
INTEL (INTC) soon will go longINTC has formed a PBT&CA yesterday.
This means that could have found a support level that could be a good entry point.
Stock strenght is above 60.
I'll keep this stock in my watch list and enter when slowstochastic is going above 20 or check on lower timeframes if there is a entry signal.
Disclaimer:
This is just my tought: don't invest based on this idea.
$INTC: Forecast/guessI'm 'hodling' $INTC, my average cost basis is quite good here, so I can afford letthing this winner run. I think we could be in the presence of a huge weekly uptrend but we need to break above the overhead resistance zone before having more confidence in this scenario. For now, I'd reccomend caution and only holding up to 10% of your portfolio in it if invested.
The Spectre and Meltdown security flaws are real and have put a dent in the stock but it's clear long term buyers are still in control, judging by how supply as absorbed lately.
Best of luck,
Ivan Labrie.
Worth a small bet on Intel in a forming sideways move. I belive it is worth a short bet on Intel corp. It seems like we are in close to top in sideways channel. If you take into account the insecure times, it makes it easier to take a short, despite the enormous bull ride we have experienced in 2017. I belive the market will be different in 2018. It will most likely be a more sideway year.