Intc gapped down post earnings
Creating an island reversal pattern
Bounced off 200 sma
A gap above 57.25/share I will be going long
Tp1: 61
Tp2:65
This cab a great swing 3-4 months out for big acts
Intel is best known for producing the “brains” of personal computers.
Going against the competition Intel’s strong leadership allows it to charge a premium over rivals, which boosts its margins and its returns on equity, assets and investment.
This is a beat down stock- but yet analyst are downgrading this great source of value company with great leadership
$INTC
📡 Intel downgraded by Atlantic Equities with a new price target— always check the source - everyone seems to have an opinion based on their analysis but doesn’t mean they’re right . Do your DD
*****I am not a financial adviser -just sharing my thought process on investing and trading
FYI: IMO INTC might be the savior of the chip shortage by bringing production here to the U.S
Hopefully soon they get the funds from the White House 😊👌🏾
Creating an island reversal pattern
Bounced off 200 sma
A gap above 57.25/share I will be going long
Tp1: 61
Tp2:65
This cab a great swing 3-4 months out for big acts
Intel is best known for producing the “brains” of personal computers.
Going against the competition Intel’s strong leadership allows it to charge a premium over rivals, which boosts its margins and its returns on equity, assets and investment.
This is a beat down stock- but yet analyst are downgrading this great source of value company with great leadership
$INTC
📡 Intel downgraded by Atlantic Equities with a new price target— always check the source - everyone seems to have an opinion based on their analysis but doesn’t mean they’re right . Do your DD
*****I am not a financial adviser -just sharing my thought process on investing and trading
FYI: IMO INTC might be the savior of the chip shortage by bringing production here to the U.S
Hopefully soon they get the funds from the White House 😊👌🏾