Intel Corporation (INTC) News

At this time the chart technical picture suggests share price will be heading lower.

The Death Cross occurred in early May (probably on May 2).

There seems to be a likely support level at or about the $25 level.

However, starting to buy in steps from the $27 price level area makes sense to me for intermediate term (6-9 months) investing.

But it looks a good stock for long term investing.

Intel recently updated Q2 guidance so it is very unlikely we get another update until Q2 earnings call. That said, it is possible some of the analysts will change their minds on the stock causing a move, most likely up.

Intel share price still in mode of Triple Bottom Breakdown since 8-May-2024.

Likely it is searching for a bottom at this time.

Looking for signal to begin to add. Not in a hurry. Open and welcome to any early surprises should it happen..

GLTA

Intel needs to get it together…

Board please disregard previous…
House cleaning

You missed a few.

Thanks for all the free rent I got from you today. So laughing at you boy.
May Jesus Bless you and your family!

Oops

Selling!

Everything is about sentiment in this public game. (And corruption/fraud/algorithms, cover it).
I used to be an investor but prefer to come along when people are crying and usually gone before anyone notices, (hours usually), with “singles and doubles”
Investor turned skeptical trader turned “Scalper”

GL

Hopefully just a blip in their past at some point.
Kinda like Apple and China....sooner or later, absorb the loss and move on.

News regarding the downgrades and…
(I dont care. Just here for a couple of days).

US Revokes Qualcomm, Intel Export Licenses to Huawei
BY MT NEWSWIRES — 4 MINUTES AGO
01:01 PM EDT, 05/08/2024 (MT Newswires) -- The US has revoked licenses that allowed Qualcomm (QCOM) and Intel (INTC) to sell chips used for laptops and handsets to China's Huawei Technologies, effective immediately, the companies said Wednesday.

This will go back. Not sure why it's the poop of chips, but it will be back.

$29.82 loaded a bit

$28 by the end of week

It's the market as a whole!!!!

Thank the Lord that I took my profit and ran. INTC Down 2.5% to start the day so far.

$31. sold off
Lawsuit coming might be poorly timed.

Gorgeous chart, extending into extended!

Pinned down. I would rather not wait for the shitty little dividend. .12

Cool chart! Selling a few

Go go go!

Dividend coming (.12)might find support level here

Going to print a death cross today.

https://www.investopedia.com/terms/d/deathcross.asp

SO, we wait for it to get back to 40, sell, and then do this again. Looks like a cycle, that I DIDN'T know about!

Like shootin fish in a barrel

$30.80- order in!

Gets under $31 again and I’m all over it.

Sold some $31.75

No kidding, even for the day!

These prices are gifts! What a great price to start the next cycle! $INTC long and strong

$30.85! Nice place to start my day

I DID drop more cash in here yesterday, hoping and expecting positive earnings.....oh well. BUT, at least this isn't a dead bomb, with 52wk low of $26. I'm good to be red as a long, knowing this one WILL explode one day!

Garbage report, BUT, just hope the poor forecast leads to outstanding next quarter.

Loading Sept $40C and $50C at the open.

Agree completely with your sentiment.
Overreactions are my friend.

The news feeds say they guided revenue lower, but the way I see it, midpoint revenue was higher. Earnings were projected lower however.

Seems an overreaction to me, but my no big deal - still holding

$32.04 loading

(Adds details on results in paragraphs 7, 12-16, adds CEO quote in paragraph 10)

By Arsheeya Bajwa and Max A. Cherney

April 25 (Reuters) - Intel forecast second-quarter revenue and profit below market estimates on Thursday, as it faces weak demand for its traditional data center and personal computer chips amid efforts to build its contract manufacturing business.

Shares of the Santa Clara, California-based company fell close to 6% in extended trading.

The company expects second-quarter revenue in the range of $12.5 billion to $13.5 billion, compared with analysts' average estimate of $13.57 billion, according to LSEG data.

Down 8% instantly in extended

Ouch! Hope the tech sector gets some adjusting.

Just got a $1K more in hopes for an earnings blowout tonight!!!!! Sell those EOD tomorrow. Historically, INTC will drop post up day following earnings.

I don’t think they’ll catch up on earnings for a few years. Just a feeling. Holding long and waiting for good dividends again.

Earnings Thursday PM may drive the stock up... we will see what they deliver.

Hopefully we get a nice bounce the next couple of trading sessions.

Thought it was reversing, China news crushed it.

It's close to buy time for Intel shares... I'm ready for it even though...

I don't know what you mean by what you posted.

Anyway, have a good weekend and GLTY

It’s time

Intel share price LONG TAIL DOWN today, on 10-April-2024. This is positive step in the right direction.

The Full Stochastics Oscillator looks like it is closest at it lowest point. This suggests it may be near a change to a rising direction.

However, it will take many other positive changes along the path to lead to a price Breakout.

We should see the Dailies turn to Uptrend from Downtrend now.

Next, the Weekly to confirm the Uptrend and also turn to an Upturn

PS: April 10 2024 - 07:13AM
IH Market News Intel (NASDAQ:INTC) – Intel presented an updated version of its artificial intelligence chip, Gaudi 3, at the Vision event, aiming to compete with Nvidia (NASDAQ:NVDA) in the AI semiconductor market. Built with TSMC’s (NYSE:TSM) 5 nm process, it offers superior performance, crucial for meeting the growing demand for AI chips..

All that will require time and trading sessions where Demand dynamic starting to dominate. Intel has a great background of microchip manufacture for decades.

We shall see. GLTA

What a change to have to follow it with a DOUBLE BOTTOM BREAKDOWN on 03-April-2024 in share price?

Continuing in this mode by a drop in share down to $38.66 by market closing time. C'est La Vie.

Better luck to those holding Intel shares and me. Happy Weekend!