Intel: After Collapsing 11%, It’s Time For An Update (Technical Analysis)


  • INTC continues to perform relatively weak while the semiconductor industry is leading the technology sector’s reversal.
  • The stock dropped 11% after its latest quarterly report, while it also achieved partially recovering its intraday losses.
  • In this technical article, I show important price levels and metrics that investors could consider for gaining an edge on the stock’s likely price action.
  • By considering multiple outcomes and setting up an adequate contingency plan, investors are less inclined to act driven by emotions, as this could come at a higher cost.
  • While I continue to rank INTC as a long-term hold position, I also discuss a very interesting short-term trading opportunity.

Roller Coaster of interest Rates And Inflation


Investment thesis

Intel Corporation’s stock (NASDAQ:INTC) continues to perform weakly as expected, extending its losses after the most recent quarterly report and a worrying outlook. But despite the massive intraday losses, the stock could retrace part of it, while now

Sectors 1M vs 1Y


Semiconductor Industry and Technology Sector 1M vs 1Y


SMH vs IXIC 31.01.2023

Author, using TradingView

INTC Actual Situation Weekly 31.01.2023

Author, using TradingView

INTC Likely Outcome 231.01.2023

Author, using TradingView

Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. 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.

Additional disclosure: All of my articles are a matter of opinion and must be treated as such. All opinions and estimates reflect my best judgment on selected aspects of a potential investment in securities of the mentioned companies, as of the date of publication. Any opinions or estimates are subject to change without notice. I am not acting in an investment adviser capacity, and this article is not financial advice. I invite every investor to do their research and due diligence before making any investment decisions. I take no responsibility for your investment decisions but wish you great success.

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