Dear Tradingview Community This areas already functioned as a support last week, when it bounced around the 18 mark. The double bottom is the sign of a reversal but, this doesn't mean it's 100% sure it's gonna happen. The current micro-economics (inflation and FED fear) don't look good for a lot of growth-stocks and a further slide down is still possible (but...
Intel just gapped down after its last earnings release as margins tightened from almost 60% last year to 53.3%. Trouble lies ahead as well since Intel’s 7-nanometer manufacturing is delayed which will give AMD a 6 month head start to eat away at Intel’s market share. Intel has responded by initiating a huge $10 billion stock repurchase program. This is in...
This is a long-dated trade I re-up on a quarterly basis and with the March quarterly approaching (I've still got a June quarterlies setup on), it's time to consider a setup using the September quarterlies. I generally don't post these, because they have the pace of a covered call, and most aren't interested in basically watching paint dry or grass grow, opting...