The Long Investor
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$INTC TOP 20
🕑 Added 2025-04-27 18:24:24 +0000 UTC$INTC EPS greatly beat estimates from its ER this week but gave a concerning guidance due to the ongoing tariff uncertainties and the market reacted poorly to this and the price acton did drop below the blue support line at $19.
Price did manage to hold in the consolidation range as $INTC did announce that they will be reducing their headcount by -20% and this may have cushioned the blow.
Right now I believe that $AMD, $ASML and $DELL are better companies with exposure to this sector right now and I would not be rushing into $INTC while struggling in this consolidation range.
Comments
Gareth Neary
We need to see strength build now
JK
Looks like it may have completed the ABC correction here 😉
