Intc bullish

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 😊👌🏾