Hi, guys! In my opinion technically, the price might form a reverse Head&Shoulder chart pattern, which it will mean a reverse of this descendent trend. The target is 64 usd.
As fundamental, I think the price is low also because the company started a buy back shares program and i think the didnt finish yet, but it will until this year. I know that is a strong demand for pc and intel chips, huge demand, and in my opinion at the next financial report we shall see a huge and a nice surprise.
Good luck!
Disclaimer: I own Intel shares.
As fundamental, I think the price is low also because the company started a buy back shares program and i think the didnt finish yet, but it will until this year. I know that is a strong demand for pc and intel chips, huge demand, and in my opinion at the next financial report we shall see a huge and a nice surprise.
Good luck!
Disclaimer: I own Intel shares.