(INTC) Investment Report

September 16, 2024, 8:04 a.m. ET, BY Bill T. – Contributor | Editor: Thomas H. Kee Jr. (Follow on LinkedIn)

Long-term trading plans for INTC

• Buy INTC slightly above 19.8 target 26.85 stop loss @ 19.74 Details

The technical summary data tells us to buy INTC near 19.8 with an upside target of 26.85. This data also tells us to set a stop loss at 19.74 to protect against excessive loss in case the stock starts to move against the trade. 19.8 is the first support level below 19.86, and as a rule, any test of support is a buy signal. In this case, support 19.8 would be tested, so there would be a buy signal.

• Short INTC slightly below 26.85, target 19.8, stop loss @ 26.93 Details

The technical summary data suggests a short of INTC as it is approaching 26.85 with a downside target of 19.8. However, we should have a stop loss at 26.93. 26.85 is the first resistance level above 19.86 and as per the rule, any test of resistance is a short signal. In this case, if resistance 26.85 is tested, there would be a short signal.

Swing Trading Plans for INTC

• Buy INTC slightly above 26.85, target 34.23, stop loss @ 26.77 Details

If 26.85 starts to rise, the technical summary data tells us to buy INTC just above 26.85, with an upside target of 34.23. The data also tells us to set a stop loss at 26.77 in case the stock turns against the trade. 26.85 is the first resistance level above 19.86, and as a rule, any break above the resistance is a buy signal. In this case, 26.85, the initial resistance, would rise, so there would be a buy signal. Since this plan is based on a break above the resistance, it is called a Long Resistance Plan.

• Short INTC around 26.85, target price 19.8, stop loss @ 26.93. Details

The technical summary data suggests a short of INTC if it tests 26.85 with a downside target of 19.8. However, we should have a stop loss at 26.93 in case the stock starts to move against the trade. As a rule, any test of resistance is a short signal. In this case, a short signal would occur if resistance, 26.85, is tested. Since this plan is a short plan based on a test of resistance, it is called a Short Resistance Plan.

Day Trading Plans for INTC

• Buy INTC slightly above 19.87, target 26.85, stop loss @ 19.82 Details

If 19.87 starts to rise, the technical summary data tells us to buy INTC just above 19.87, with an upside target of 26.85. The data also tells us to set a stop loss at 19.82 in case the stock turns against the trade. 19.87 is the first resistance level above 19.86, and as a rule, any break above the resistance is a buy signal. In this case, 19.87, the initial resistance, would rise, so there would be a buy signal. Because this plan is based on a break above the resistance, it is called a Long Resistance Plan.

• Short INTC something around 19.87, target price 19.28, stop loss @ 19.92. Details

The summary technical data suggests a short of INTC if it tests 19.87 with a downside target of 19.28. However, we should have a stop loss at 19.92 in case the stock starts moving against the trade. As a rule, any test of resistance is a short signal. In this case, if resistance, 19.87, is tested, there would be a short signal. Since this plan is a short plan based on a test of resistance, it is called a Short Resistance Plan.

Check the timestamp on this data. Updated AI-generated signals for Intel Corporation (INTC) available here: INTC.

INTC ratings for September 16:

AI generated signals for INTC

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This report is produced using AI developed by Stock Traders Daily. Over the past 20 years, this proprietary AI has been refined to identify the most appropriate trading strategies for both individual stocks and the stock markets themselves. This methodology is also applied to index options, ETFs and futures. The purpose of this particular report is to help you trade in Intel Corporation (NASDAQ: INTC) and applies careful risk management.

Warning:

This is a static report, the data below was valid at the time of publishing, but support and resistance levels for INTC change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

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Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, if INTC is testing support buy signals, it is the surface and resistance is the target. Conversely, if resistance is tested, it is a sign to control risk or short, and support would accordingly be the downside target. In any case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it also acts as a level of risk control.

Swing trades, day trades and long-term trading plans:

This data is refined to distinguish Day Trading, Swing Trading and Long Term Investing plans for INTC. All of these are provided below the summary table.