TRADING TIPS

INTC Sell Signal

Hubert Senters here. If you are long Intel you may want to bum up your stop or change that decision. I’m not telling you to outright sell it. It depends on where you’re at. If you’re in Intel at $5 obviously you’re fine. I don’t think it’s going to retrace back and stop you out to $5. But if you’re in it I would say anywhere from $40 to $55. You might want to just sell it and re-establish because it’s got a sell signal. And currently right now they’re competitors. AMD is going higher and INTC with the rest of the market going higher is saying we’re going lower. I think it’s going to go down here and retest the area of $43.86. Just a little heads up if you are long Intel if you don’t have a super long term hold if you just swing trading it you might want to re-think that. Ron’s doing a special webinar Tuesday, December 22nd so that you can find out the Top 10 Stocks to Kick off the New Year with a Bang! This year went super fast and slow at the same time. I don’t know about you but it seems like it lasted like 10 years. And I’m a kind of a hermit. I like to stay at my place and do my thing. I don’t get out and trouble with them. Like a lot of other folks do. But man it’s been one hell of a year. And it’s almost over. Merry Christmas and Happy New Year and register for the webinar. Good luck. Hope it helps. See you on the next video. Hubert.  

2 Comments

  1. Rich Walton

    There was some trouble with the audio cutting out on my end (it could just be my computer, but I have never had trouble before). I enjoy your analyses!

    Reply
  2. Rich Walton

    I restarted my computer and could hear Hubert’s analysis just fine. Sorry for the earlier comment where I could not hear him well.

    Reply

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