Well to be honest I have lost a trade with 
INTC backed in March 2024 when I thought it was a bullish trade.
However, looking at the weekly chart now,INTC have experienced a significant dropped and is now trading below its intrinsic value.
ThoughINTC have been losing its competitive advantage and moat, I have taken a swing trade on this setup as I believe it will be having a reversal soon. I do not believe in holding INTC for the long terms but it is definitely tempting to swing trade it for the short term.
[Yes, I am guilty of loving to swing trade a stock after the stock experience a majority flush]
INTC backed in March 2024 when I thought it was a bullish trade.However, looking at the weekly chart now,
INTC have experienced a significant dropped and is now trading below its intrinsic value.Though
INTC have been losing its competitive advantage and moat, I have taken a swing trade on this setup as I believe it will be having a reversal soon. I do not believe in holding INTC for the long terms but it is definitely tempting to swing trade it for the short term. [Yes, I am guilty of loving to swing trade a stock after the stock experience a majority flush]
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.