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Non-Tech : Kirk's Market Thoughts
COHR 181.67+2.4%Dec 5 9:30 AM EST

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Sun Tzu
To: Sun Tzu who wrote (14697)10/25/2022 10:58:17 AM
From: Kirk ©1 Recommendation   of 26710
 
Well, you've done better than I with Intel. I took profits all the way up but started buying back too soon. At least my cost basis is still tiny compared to the current price due to trading around the core position and collecting dividends. Long term, I agree we should be in great shape in 3 years.

The AI that draws resistance and support here kirklindstrom.com shows a downward trending channel with intersections at the 50-day MA. A battle there could give a good clue.

The 10-yr+ monthly chart lower down on the page shows Intel is testing its 2012 high from above.... over 10 years with no gains other than dividends... that is a pretty serious whipping. My guess is any hint of more success in meeting their goals and we'll see a nice V recovery, but from where is yet to be determined.
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