INTC had some bullish catalysts and is overall a great company. I like the stock, i buy.
The overall market might be overbought right now and jumping in at the current price might prove to be unprofitable. This is why we break this trade down to four different steps.
Phase 1: Wait until short term price goes from uptrend to downtrend.
Phase 2: (Optional) Short INTC so you can buy more and faster!
Phase 3: ???
Phase 4: Profit
What do you think will happen?
The overall market might be overbought right now and jumping in at the current price might prove to be unprofitable. This is why we break this trade down to four different steps.
Phase 1: Wait until short term price goes from uptrend to downtrend.
Phase 2: (Optional) Short INTC so you can buy more and faster!
Phase 3: ???
Phase 4: Profit
What do you think will happen?