$INTC TOP 20
Added 2023-09-17 21:31:20 +0000 UTCWhat a turnaround it has been for $INTC, pulling back slightly on Friday and if it can continue to pull back to the yellow trend line at $37.10 on Monday or Tuesday and hold, then we are looking at a good buying opportunity here...finally! My Wave 5 conveniently ends by the end of the year at $50, which is in line with many of our Mega Cap stocks.
So this week ahead, you may be presented with three buying opportunities in Semi companies: $INTC, $AMD and $TSM.
I am leaning towards $AMD for my Buy as the chart has been the most consistent with very little surprises and I like its forward projection the most here.
Comments
Buy zones I have determined that if the price enters this area, it is very undervalued with a significant margin of safety. Price will not always go to the buy zone, certainly not in a bull market either.
Gareth Neary
2023-09-17 21:52:07 +0000 UTCCan you please explain Buy Zone? You mean we wait to see that range and enter or how?
Baktash Azizi
2023-09-17 21:41:52 +0000 UTC
