INTC

[fous]

Hey wax!

Sorry i took so long to get back to you i've just been really busy with school latley so ive been short on time and basically have only had time to focus on the stocks i was interested in. But things are coolin off now in school so feel free to ask questions any time.

My take on INTC:

Looks like consistent PR's have been the arms and legs of this last rally. Would have been a great entry point to hop in on a break of the descending trendline. Price action bottomed out at 23.53 which was near the projected target that the head and shoulders pattern gave so that could have been another indicator to get ready to hop in. The low of the neckline of the head and shoulders pattern is likely where the strongest resistence is gonna be at 25.73. As you can see it looks like price action is slowing down as it approaches this area. RSI is overbought as well so this could be the beginning of a retracement, how far it will drop i dont know. As far as INTC going to 30 i think price action is gonna have to break 25.73 before 30 is  a question. As far as right now being an entry point would probably be a bad idea IMO. I don't like chasing rallies, and even more importantly, I dont trade stocks that are over $5  .

Hope i was of any help wax weazle......

good luck on your trade, feel free to ask any more questions.

-fousc

[calven]

Why is there another INTC thread. This one has been around much longer.... People need to do a search on the top of this page before starting new threads. 

Anyways... INTC approaching my 26.00 target

http://stockcharts.com/h-sc/ui?symbol=INTC&period=DAILY&years=0&months=7&days=0&id=p16893482794

[calven]

INTC thread already started in October...

http://www.3stocksonfire.org/trading/index.php?topic=3130.0

[lbotez]

INTC won't get too far until options expiration week is over.

that's tomorrow. 

[[D] Investor]

INTC is on fire.

[waxweazle]

[D] Investor

What is your price target for Intel???
In the next 2 weeks and in the next 2 month.

[Miguel007]

Intel profit up but sales and forecast misses !!!

Intel reported its fourth-quarter today after the bell and according to report the profit rose 16% but its sales fell short of Wall Street's expectations due to lower-than-expected shipments of desktop computer chips. Intel earned $2.5 billion, or 40 cents a share, compared with $2.1 billion, or 33 cents a share, in the same period last year. Sales rose 6% to $10.2 billion but missed the expectations of analysts. Analysts estimated Intel would earn 43 cents a share, excluding stock option costs. Intel didn't say how much option costs impacted results. Its first quarter sales forecast was also below Wall Street's target, so bad news for the chip sector.
Tecnical Indicators for Intel : MACD + RSI + Fullsto - Bearish
Supports : 24.74 ; 23.79 ; 22.65 ; 22.45 

[macaddictsg01]

I am only worry about the rivals AMD and INTC. Previously, AMD is always cheaper than the INTC, but hence look at now, AMD share price grows a lot. This indicator suggests that there must be 'something' going on or some reason why this share price for AMD is now higher than INTC.



But INTC so far I knew this instrument, they always have negative reports every Q1, but will be rebounding for the next quarters.

[Like A. Rock]

Intel dropped about 10% yesterday. Earnings significantly increased but missed wall street's target. IMO, the market clearly overreacted and the stock will be back up trading at or above $25 in a few weeks. Makes for a solid swing play.

[RJ]

Intel dropped about 10% yesterday. Earnings significantly increased but missed wall street's target. IMO, the market clearly overreacted and the stock will be back up trading at or above $25 in a few weeks. Makes for a solid swing play.

B Hathaway....this should be on the "stock picking" thread...this is the "penny stock" thread....Intel is far from that.....

[Zyce]

hey all,

here are the 3month charts for Yhoo + Intc w/ macd, rsi, vol, 10day, 50day.

http://finance.yahoo.com/q/ta?t=3m&l=on&z=m&q=l&p=m10%2Cm50&a=m26-12-9%2Cr14&c=&s=intc

http://finance.yahoo.com/q/ta?s=YHOO&t=3m&l=on&z=m&q=l&p=m10,m50&a=m26-12-9,r14&c=


now imo, the chart indicates that both stocks are oversold. e.g. rsi = 20ish, huge sudden decline, look at the accompanying volume w/ the decline.


intc had suffered some bad news from headlines indicating slower growth and faster amd growth. however, i feel that amd's stock is way to overbought and intc oversold. lets not forget how big intc is relative to amd. amd can capture some desktop chips but the mobile/laptop chips still all belong to intc.

as for yhoo, its fundamentals arent really changed, it didn't post fantastic/great earnings but that is largely not its fault, more like the sector, look at goog.


in conclusion i think these 2 stocks are oversold. they at least  a couple percetanges more. but their charts are something i have never seen b4 or have any experience with. so any experts out their, plz give ur 2 cents and discuss whether now is a good buy point or if it might continue to fall.


tyvm,

[Calvin87]

I bought INTC at 22.40 on the same idea, and I think it's going to bounce back relatively soon.

AMD is doing very competitively, and they pose a pretty nasty threat to INTC, but I jumped in for the swing.  I wouldn't be surprised to see INTC hop back up to 26 dollars a share in the near future.

[Zyce]

hi all, objective of this thread is to determine whether INTC + YHOO is bottoming out and could perhaps yield a 10% ish return in a 1-3month period.


here're the 3month, vol+macd+rsi 10day&50day chart for INTC and YHOO

intc:



yhoo:




it's freaky how similar they look eh? both had a approx 15% drop in price recently. since growth investors create tops and value investors create bottoms. the drop in price comes with growth investors shedding shares. however i think the prices for both stocks should be approaching their bottoms now as value investors start picking up these 'relatively' cheap companies. 

here is my take on the INTC situation. wall street has for a long time underestimated AMD. therefore, recently when it came to its realization, it drove AMD stocks soaring 60% in 5month's time. wall street thinks the line is in place for amd now, but i think its quite out of wack, amd is overvalued/overpriced. whereas for intel, things are not positive but certainly isn't as bad as what wall street thinks.

this is what i mean by overvalued/undervalued

INTC p/e is 11 indus avg p/e is 30. EPS Growth (ttm) is 21% -8.24%
AMD p/e is 115 indus avg p/e is 30. EPS Growth (ttm) is 51% indus avg is -8.24%

debt wise, both companies are approx indus avg. but i dont think this is very significant since it's not likely either is going to go bankrupt.

Intc's profit margins are better than AMD's

INTC net profit Margin (ttm) is 22.32% indus avg is 11.95%
     gross profit Margin (ttm) is 59.37% indus avg is 47.20%

AMD net profit Margin (ttm) is 0.69% indus avg is 11.95%
     gross profit Margin (ttm) is 40.90% indus avg is 47.20%


with that in mind, if you look at the technicals, and use technical analysis on the charts to pick an entry point, i think that entry point should be some where around now. RSI is approx 20 (which indicates oversold) MACD took a sudden dive. volume is slowly settling down and seems to be returning to normal.

nothing on the calender really since jan17/18 was when both companies released Qports.


*********


YHOO's case follows the same undervalued arguement so i'll just shorten it.

p/e is 27.47 indus avg is 51.76

eps growth (ttm) is a bit better than indus avg 121% to 88.29%
revenue growth is approx equal to indus avg 39.28% to 40.81 %
profit margins are good, Gross profit margin (ttm) is 61.35 to indus 46.03% net profit margin is 33.78 to 15.87%




conclusion:

intc and yhoo are pretty much unrelated companies but i talk about both together because i tink its a good buying opportunity for both right now because wall street overreacted to some  headlines. however, i'm just a novice myself so if i made any mistakes, or totally missed the mark in this write up, plz let me know!


tvym =]

[Zyce]

lol, not really related but just noticed GE has similar chart too!:





/plays twilght music

[bng129]

I actually bought 700 shares of INTC at 21.53 for the same reasoning.  I believe the stock alone has been hit with tons of downgrades in jan, fear of loosing shares to AMD, potential bankrupcy, etc. and the market has been dragging it down.  With very low expectations, going into next earnings season pressure will be focused elsewhere.  Basically I feel its oversold, regardless I have to hold for 3 months due to trade restrictions from work.  I'm actually looking into YHOO as well, alot of negativity in that sector.  I'm trying to lower risk by opening positions at seperate time frame.  GL with trading all!

-Brian