Intel Corporation (INTC) News

Intel share price BEARISH SIGNAL REVERSED today on 16-May-2024. GLTA

32.15 =]

Low 30s good entry should provide a 100%+ move within 12 months
Not much risk

I am not a fan of technical analysis and the "chart readers", but rely more on fundamental analysis and things underlying the company performance. That said, I think there is a fair amount of self fulfilling prophecy with TA. Based on the action over the past few days, what say you TA experts?

You must be looking at a 5yr chart.

I'm buying everything sub 30, the lower the better

Though technically I don't feel yet bullish enough in the short term at this time, however buying in a phased method for the long term makes good sense. GLTY

Same, bought the last dip and looking forward to this one. Love this going forward in a DRIP, 4 years from now we can celebrate and talk about how low it WAS.......$INTC long and strong

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.