INTC
📉 Intel presents a potentially interesting speculative trading opportunity if the price drops below $19 or $18, targeting a bounce from a perceived support level.
⚠️ A hard stop-loss below $17.67 is recommended due to the significant risks, acknowledging that Intel has lost its competitive edge in the semiconductor race.
💡 Potential positive catalysts could come from the new management team’s actions, such as potential spinoffs, which the market might value positively despite current challenges.
@bernardodegarcia:
“Intel in postmarket dropping quite a bit. Keep accumulating, Bernardo, or don’t touch it for now? Advice please, David. For me, Intel is a very interesting position below 19, 18 especially, for a trade. Because you see it has this floor here at 19 or practically 18.9, right? So if the stock is able to reach, and it can reach 19.5 or so, then buying some shares if I didn’t have them for a trade, or buying some calls. But it would be a position, in my opinion, it would be a speculative position. Intel lost the race a long time ago, okay? That said, my hard stop, meaning below 17.67, I don’t want to know anything about this. So if it goes well for me, great. If it doesn’t go well, I’m out because this could be terrible. I don’t think so. The new management team, the Tambupan or whatever it’s called, wants to do spinoffs, wants to sell everything, and Christ, and it will probably work out well for them, okay? And the market will value it. But it’s a company that’s a bit complicated right now, okay? So I couldn’t tell you more.”
Watch the exact part of the video where @bernardodegarcia talks about Intel Corporation here:
Watch the video on YouTube
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