jenny_rebekka

I Plan To Short Sell 5,000 Shares Of Intel Corporation At This P

Short
NASDAQ:INTC   Intel Corporation
I am extremely bearish on the semiconductor sector. In particular, Intel Corporation (NASDAQ:INTC) for the reasons listed below. I am looking to short 5,000 shares of the stock at a price of $37.20 or higher. I am looking for a quick drop of $2+ for a $10,000 profit in a week or two. Any sector that rises over 50% in a year without a pull back, is a likely candidate. This is what has happened to the semiconductor index $SMH. Intel Corp in particular has hit a double top from 2014 which is why I am focusing on this as a big short. When an index is beyond extended and one of its biggest components has a double top, the short is a high reward and low risk trade.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.