Intel is in turnaround mode; needs to recapture/hold above 110 and 20-week SMA to support move toward 120.
Jump to any passage
Intel being mentioned by Brandon. Intel calls I see going across the wire. This thing is straight up out of the open. INTC, what is where's this at in reference to the daily here.
Aha, we are breaking that sideways formation here on Intel. I'm thinking 120 next if this continues.
first, uh intel. Fantastic stuff here. This is going to be this is going to be one that's going to be uh pretty important to the um the terra fab that's being built out here uh near College Station.
This chart I like uh I like the way this looks. You looks like this is a uh recovering. Um still think we need to get it back above 110 and hold that. Although I do like this recapture of uh you know the 10 106 107 area.
Um I would like to see a recapture of 110. I think that would be better. Let me look at something else real fast here. Okay. You know what? I I think the weekly kind of illustrates uh what what I want to uh see a little bit more of.
This 20week SMA I think is is something that we need to see uh recaptured for sure. Uh if we get rejected here, I think that this comes down to the uh the 50week SMA. I'm not sure that that's going to happen, but it's look because it's looking like this is in turnaround mode, but I think we need to uh we need to start closing um above above the 20we SMA on a weekly chart.
Okay, I've got that at 10767 here. So, and I agree with you. This does kind of look like it's turning here. It actually looks like it found some support off the trend line in order to turn.
So, a recapture and a close above this would be quite nice for Intel. Brandon hoping for Intel 120 plus. We'll see if we end up getting that. That would be sweet.
So, and I agree with you. This [126:59] does kind of look like it's turning [127:00] here. It actually looks like it found [127:01] some support off the trend line in order [127:03] to turn.
So, a recapture and a close [127:04] above this would be quite nice for [127:06] Intel. Brandon hoping for Intel 120 [127:09] plus. We'll see if we end up getting [127:10] that. That would be sweet.
Now, with regard to CYPH, um Corey, the thing I see here with this one, if I'm looking at a five-minute chart and over the past couple of days, like today and
Intel, by the way, taking another leg higher here. Actually took out that impulse move. Strength still there in Intel.
Watchpoints
What this channel has said about $INTC
Benzinga has 2 calls on this stock; only the adjacent ones are shown.