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Columns Is Intel in Trouble?
$Intel(INTC.US$
Big Red Week for Intel
Intel experienced a sharp selloff last week after reporting billions in losses from its foundry business. Apparently, investors didn't like the headlines.
Head-and-Shoulders Pattern?
The selling corresponds with the price breaking down below the neck line of a head-and-shoulders pattern as well as a long-term Fib level. There was high volume associated with the selling. This adds validity to the bearishness. Bearish candlestick pattern...
Big Red Week for Intel
Intel experienced a sharp selloff last week after reporting billions in losses from its foundry business. Apparently, investors didn't like the headlines.
Head-and-Shoulders Pattern?
The selling corresponds with the price breaking down below the neck line of a head-and-shoulders pattern as well as a long-term Fib level. There was high volume associated with the selling. This adds validity to the bearishness. Bearish candlestick pattern...
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Julia G M : Intel looks mega bearish![grimacing 😬](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f62c.png)
NoahK Julia G M : 100% agree
2865479 Julia G M : mega bearish turns into fk I wish I'd bought that dip I'd be all set right now. tech stocks always rebound when nasdaq is up stocks like Intel have no choice to eventually move
SpyderCall OP 2865479 : I know what you are saying. I will definitely be looking for a good dip buy in this name.
2865479 SpyderCall OP : I think think of quite a few scenarios here. Tsm once said our earnings will suck and they're low on money and the stock flew ever since. I wouldn't want to buy and always sits under 50 either. or look back and is 300
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