September 2017 was the last time that
INTC was trading closely to the 200MA. The breakout at the $38 price level quickly led to higher prices. I think this revisit (almost) to the 200MA is a trade idea on the long side. This would be assuming that the longer term momentum will continue to push the stock higher and that indices will reduce in volatility.
Beyond the technicals, I think we have a solid business model with
INTC transitioning away from the personal computing and emphasizing its focus on data-centers.
Beyond the technicals, I think we have a solid business model with
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
