INTC: Great opportunity for longs
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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.
Ghi chú
INTC took a beating after earnings came out.It's sitting at a very interesting level, should be in our watchlist by Tuesday.
Giao dịch đang hoạt động
Ghi chú
I rebought low and got out at the open today.Giao dịch được đóng thủ công
Ghi chú
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!
Ghi chú
Expecting a test of earnings resistance and yearly MA at 31.77 next.Ghi chú
INTC's melting down after retesting the earnings resistance.No cap to the downside for now. Stand aside.
Ghi chú
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.
Giao dịch đang hoạt động
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!Ghi chú
All good, hope you took this long. Cheers.Ghi chú
On track.Giao dịch được đóng thủ công
Here's a good exit, book half.Giao dịch được đóng thủ công
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