Intel
#INTC fell to around 100 today.
I think the 100–95 range offers strong support. You could start with an initial position today.
I mainly look at three signals when assessing a potential buying opportunity at the bottom:
① Support levels
$90–95 is the first zone to watch, and $80–85 is the second. There has been historical trading activity at these levels, but that doesn’t mean they’re guaranteed to hold.
② Signs that the decline is stopping
Once the share price enters a support zone, don’t rush to buy. First, watch to see whether it stops making new lows, forms higher lows, and rebounds with increased trading volume.
③ Fundamentals
The key factors for Intel are 18A yields, external customer orders for 14A, and foundry losses.
If the share price falls to $90 but foundry losses keep widening and customer orders fall short of expectations, that may not be a bargain—it could be a value trap.
How would I assess it?
If it falls to $90–95 and shows signs of stabilizing, I’d consider making my first purchase.
If it breaks below $90 and fails to recover, I’d reassess the $80–85 range.
If it holds above $100 and resumes an uptrend, there’s no need to insist on waiting for $90.
A true bottom-fishing strategy isn’t about guessing the lowest price. It’s about acting when price, trend, and fundamentals gradually align. Also, the earnings report comes out on the 29th of this month.
#INTC #Intel