Why I Am Considering A Short On Intel Corporation

Discussion in 'Stock Market Investing' started by inthemoneystocks, Dec 20, 2017.

  1. inthemoneystocks

    inthemoneystocks New Member

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    Shares of Intel Corporation (NASDAQ:INTC) have rocketed higher in recent months after earnings showed signs of life. However, the run may have just topped out. Note this trend line stretching back to 2012. I am starting to look more closely at a swing short trade on shares of Intel Corporation. The pull back target in 2018 would be $38.00. Part of me thinks it could pop to $50 into year end, but anywhere between $47.50 and $50.00 is a solid accumulation short zone.


    [​IMG]


    Gareth Soloway
    InTheMoneyStocks
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  2. bigunitny

    bigunitny New Member

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    You still feel this way after the security flaws?


    Sent from my iPhone using Tapatalk

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