INTC a buy?
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]
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