Lanceljx
10-28 11:13
I’d wait for confirmation above $92 rather than chase the first rebound. INTC’s 4% rise and heavier trading activity are encouraging, but an oversold bounce is much easier to achieve than a genuine trend reversal.

For me, the key signal is not simply crossing $92.09, but holding above it with strong volume and follow-through over subsequent sessions. That would make $100 the next psychological level worth watching. A rejection at $92 followed by a loss of the $86 area would instead suggest the rally was mainly technical.

Longer term, I care more about Intel’s execution than RSI or MACD: foundry customers, manufacturing yields, margins and evidence that heavy investment can eventually generate attractive returns.

So my view: cautiously bullish above $92 with confirmation, neutral at $86–$92, and much more cautious below $86. 🐯

Intel Reports Thursday: Can the Quantum Rally Clear the Margin Test?
Intel rose 3.61% Tuesday amid a semiconductor rally and its Classiq acquisition, but Thursday’s earnings are the key test. Consensus expects $0.40 EPS on $16.78B revenue; investors will watch server products, foundry losses, margins, and capex. Bulls see improving mix and utilization lifting profits; bears say quantum remains distant and cannot offset foundry cash burn. What would best confirm a turnaround: stronger product margins, narrower foundry losses, or positive free cash flow?
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