Intel Is A Buy (Technical Analysis)

Walter Zelezniak Jr
4.77K Followers

Summary

  • Intel is a buy at current levels, due to bullish technical indicators, including trading above its 30-week EMA and strong accumulation signals.
  • Short-term momentum and volume analysis suggest smart money is accumulating shares, indicating undervaluation and potential for a price advance.
  • New CEO Lip-Bu Tan brings a strong track record and is focused on engineering, AI strategy, customer trust, and financial strength, enhancing the turnaround story.
  • Intel's AI partnership with SoftBank and upcoming earnings are key catalysts; I believe the current price offers an attractive entry point, despite ongoing challenges.
Entrance of The Intel Museum in Silicon Valley.

JHVEPhoto/iStock Editorial via Getty Images

In this article, I will outline why I think that Intel Corporation (INTC) is a buy at this level. Intel is a well-known company in the semiconductor industry that was once synonymous with computer chips and microprocessors. However, INTC has struggled

This article was written by

4.77K Followers
As an individual investor nearing retirement I am trying to build my financial assets in order to have a fulfilling retirement. I am interested in trading both long and short; or at least using inverse ETFs, to take advantage of market declines. Having long term and short term trading strategies, proper execution of my trading plan, and absolute investing results are my goals. I see my articles as a way to keep me focused on developing winning trades. I also expect to learn much from the feedback that is provided in the comments section.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of INTC either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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