Im Kamal
2022-03-24

$Intel(INTC)$buy now or or buy high sell higher?

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Many have believe this stock is at value to buy nowdue to fundamental analysis showing data it is under value.

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I cant agreed more. Definitely it is a buy stock to invets.

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However, since the strong drop motion strongly contradict with the market situation, I cant rely on fundamental itself. A better justication need to be made using technical result from the chart.

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Intel is in my strong watchlist to buy but I need tonplay buy high sell higher as confirmation.

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Here the idea, weekly looking pretty great with reversal candle and rejection at significant zone.

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Im waiting daily to break shark zone (green point- refer chart) and participate accordingly.


Disclaimer:

This is not buy or sell call signal. It meant for discussion only. One should trade base on their trading plan without following others blindly

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • ChristKitto
    2022-03-24
    ChristKitto
    intel is going to be the #1 semi conductor Manufactuer in the world by 2025. Book and Hold it ✔️
    • CrystalRose: 
      big guys have accumulating everyday . don’t miss it bulls. intel will always maintain its lead.
    • CyrilDavy: 
      We want to be along for the ride because INTC is a great company but also because it has a gathering wind at its back.
  • BaronLyly
    2022-03-24
    BaronLyly
    buy for long. 500 billion market cap company once they build plants. This is a really good long, wide moat so it just need to invest more to make more money.
  • AfraSimon
    2022-03-24
    AfraSimon
    Added more today. I said a year ago that AMD, NVDA, AMZN, and so on and so forth, would be future Intel Foundry clients….No brainer long hold at these valuations
  • KittyBruno
    2022-03-24
    KittyBruno
    intel IDM 2.0 will be wildly successful, remember Pat said they have over 100 potentials companies who are interested. amzn, qcom, and now nvda...its good start . if you build they will come
  • twiddly
    2022-03-24
    twiddly
    Semiconductor is vital to society. intel is undervalued.
  • wubbie
    2022-03-24
    wubbie
    The fundmental of Intel is great. It is opportunity to buy more.
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