$Intel(INTC)$ Well to be hones

$Intel(INTC)$ Well to be honest I have lost a trade with INTC

backed in March 2024 when I thought it was a bullish trade.

However, looking at the weekly chart now,

INTC have experienced a significant dropped and is now trading below its intrinsic value.

Though INTC have been losing its competitive advantage and moat, I have taken a swing trade on this setup as I believe it will be having a reversal soon. I do not believe in holding Intc for the long terms but it is definitely tempting to swing trade it for the short term.

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Comments

jazzyco
05-22
jazzyco
Good luck with your swing trade!

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