$INTC | Allocation | Market Exec |

8월 12일

Technical Confluences:
- Price action is close to the 78% Fibo Extension and is at a strong Demand Zone
- Stochastics is in Oversold conditions from Daily, Weekly and Monthly

Fundamental Confluences:
- Currently, Intel is trading at tangible book value ( thevalue you will get if the company gets liquidated)
- At such value, chances of a takeover might be there which means, potential premium to be paid on takeover news?
- After weak Q2 earnings, does it mean anything if the CEO starts buying the stock himself?

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With deep discount in INTC 's value, another no-brainer and minimal risk. Intel is not going to liquidate.

Will be expecting a turnaround and definitely a Long-Term hold in my portfolio.

Remember, DYOR.
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Disclaimer: The above suggestion is an personal opinion in general and does not constitute as investment advice. Any decisions taken based on the above suggestion is purely your own risks. DYOR.