INTC: Great opportunity for longs
Aggiornato
In this post I'd like to share a trade that we have taken with my signals group.
This is a long term trade, aiming to capture a 25 to 42% upside that is pending for INTC in the long run, derived from my technical analysis of the charts, as well as fundamental valuation of the stock.
Trading at a 14 p/e ratio, at 2.75 price to sales ratio, with a 3% yield, and right on a very strong support, while the stock market sentiment reached a bearish extreme, this was a no brainer buy.
Intel has held its own very well in this enviroment, and it's part of our long stocks portfolio among other large cap names.
Feel free to check out Tim West's 'Key Hidden Levels' chatroom, I'm using his earnings support indicator in this chart, a key part of our strategy.
For more details on trading signals and coaching, feel free to contact me.
Cheers,
Ivan Labrie.
This is a long term trade, aiming to capture a 25 to 42% upside that is pending for INTC in the long run, derived from my technical analysis of the charts, as well as fundamental valuation of the stock.
Trading at a 14 p/e ratio, at 2.75 price to sales ratio, with a 3% yield, and right on a very strong support, while the stock market sentiment reached a bearish extreme, this was a no brainer buy.
Intel has held its own very well in this enviroment, and it's part of our long stocks portfolio among other large cap names.
Feel free to check out Tim West's 'Key Hidden Levels' chatroom, I'm using his earnings support indicator in this chart, a key part of our strategy.
For more details on trading signals and coaching, feel free to contact me.
Cheers,
Ivan Labrie.
Nota
INTC took a beating after earnings came out.It's sitting at a very interesting level, should be in our watchlist by Tuesday.
Trade attivo
Nota
I rebought low and got out at the open today.Trade chiuso manualmente
Nota
INTC forming a base. I wonder if we will see a jump off this level, or if there's still flushing of longs to do.The yearly support below at 25 is really strong, if the year 2016 closes above said level, we have a time at mode uptrend signal of yearly scale, a 16 year uptrend aiming for close to 90 per share!
Nota
Expecting a test of earnings resistance and yearly MA at 31.77 next.Nota
INTC's melting down after retesting the earnings resistance.No cap to the downside for now. Stand aside.
Nota
We're too close to a very significant yearly level, if we close 2016 above this, we have huge upside.I'd be looking for longs with a stop at 25.08.
Better wait for CCI to crossover -100 and see a day turn up first, as the bare minimum.
Trade attivo
Touchdown at the lowest high trendline in monthly scale. I'm long from 27.98. Long term entry, if the yearly uptrend confirms. Upside is gigantic. Good luck!Nota
All good, hope you took this long. Cheers.Nota
On track.Trade chiuso manualmente
Here's a good exit, book half.Trade chiuso manualmente
🔒Want to dive deeper? Check out my paid services below🔒
ivanlabrie.substack.com/
ivanlabrie.substack.com/
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.