$INTC: Explosion pattern signal

2019년 11월 26일

#INTC flashed a big trend signal in the daily timeframe here, explosive upside potential. Risk is $1 per share roughly (stop at 57.75) to make up to $6.06 per share in 11 days. With China changing their stance on IP theft over the weekend, a big trend in equities can fire here. Trump more likely to get to a trade deal resolution soon (or that is what market participants anticipate, judging by price action).

On the flipside, valuation for INTC is quite good here, and I would favor trading on the long side on the way up, for as long as SPX keeps trending up. (there's a long term bullish forecast that recently was confirmed, implying the stock market will advance intensely in the coming months, until 2021 pretty much, see related ideas for the post I made anticipating this a while back).

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Cheers,

Ivan Labrie.

2019년 12월 3일

거래청산: 스탑 닿음