IvanLabrie

INTC: Great opportunity for longs

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IvanLabrie Diupdate   
NASDAQ:INTC   Intel Corporation
In this post I'd like to share a trade that we have taken with my signals group.
This is a long term trade, aiming to capture a 25 to 42% upside that is pending for INTC in the long run, derived from my technical analysis of the charts, as well as fundamental valuation of the stock.

Trading at a 14 p/e ratio, at 2.75 price to sales ratio, with a 3% yield, and right on a very strong support, while the stock market sentiment reached a bearish extreme, this was a no brainer buy.
Intel has held its own very well in this enviroment, and it's part of our long stocks portfolio among other large cap names.
Feel free to check out Tim West's 'Key Hidden Levels' chatroom, I'm using his earnings support indicator in this chart, a key part of our strategy.
For more details on trading signals and coaching, feel free to contact me.

Cheers,

Ivan Labrie.
Komentar:
INTC took a beating after earnings came out.
It's sitting at a very interesting level, should be in our watchlist by Tuesday.
Trade aktif
Komentar:
I rebought low and got out at the open today.
Trading ditutup secara manual
Komentar:
INTC forming a base. I wonder if we will see a jump off this level, or if there's still flushing of longs to do.
The yearly support below at 25 is really strong, if the year 2016 closes above said level, we have a time at mode uptrend signal of yearly scale, a 16 year uptrend aiming for close to 90 per share!
Komentar:
Expecting a test of earnings resistance and yearly MA at 31.77 next.
Komentar:
INTC's melting down after retesting the earnings resistance.
No cap to the downside for now. Stand aside.
Komentar:
We're too close to a very significant yearly level, if we close 2016 above this, we have huge upside.
I'd be looking for longs with a stop at 25.08.
Better wait for CCI to crossover -100 and see a day turn up first, as the bare minimum.

Trade aktif:
Touchdown at the lowest high trendline in monthly scale. I'm long from 27.98. Long term entry, if the yearly uptrend confirms. Upside is gigantic. Good luck!
Komentar:
All good, hope you took this long. Cheers.
Komentar:
On track.
Trading ditutup secara manual:
Here's a good exit, book half.
Trading ditutup secara manual

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