Intel Corp for 25/04/2019

#CAC40 #Nasdaq There’s a certain brand loyalty which Intel generated. An abiding memory from early 1983, rushing back from Edinburgh, Scotland with an IBM XT computer, fitted with an Intel 8088 processor and a massive 10mb hard disk. This marked the start of a relationship with Intel processors which continues to this day.

The company, due to issue an earnings report on Thursday, appear to have a share price with some reasonable growth potentials.

From an immediate standpoint, apparently price movement now above 60 should bring continued growth to an initial 63. Slightly more interesting is our secondary calculation which comes in at 67 dollars. To be honest, the point at which the share closed on Wednesday (58.72) already makes travel to 67 seem a sensible conclusion.

Our perspective, using our software and attempting to mimic market software’ future price cycle, is slightly terrifying at this stage, due to the potential of a movement coming within 24 hours! Usually, we prefer some weeks or months in which to rehearse excuses!

For any trouble to be taken seriously, Intel requires to flop below 55, this looking capable of reversal to an initial 51. If broken, our secondary drop target calculates at 45.5. Neither drop potential is particularly life threatening as the price requires below 40 to break the immediate growth cycle and utterly trash its upward potentials.

We like Intel and, of course, the memory of that first “proper” PC with Intel Inside reminds of the original solid IBM keyboard. What the heck has happened to keyboards over the years? The quality and feel has declined and even our in-house choice, Microsoft Sculpt Office keyboards and mice rarely last longer than 18 months…

FUTURES

Time Issued

Market

Price At Issue

Short Entry

Fast Exit

Slow Exit

Stop

Long Entry

Fast Exit

Slow Exit

Stop

Prior

10:27:06PM

BRENT

73.92

               

10:42:39PM

GOLD

1276.34

               

10:44:57PM

FTSE

7467.94

               

10:47:50PM

FRANCE

5580.5

5557

5545

5527

5585

5600

5618.5

5639

5563

10:56:16PM

GERMANY

12309

               

Success

10:57:50PM

US500

2927.92

               

10:59:40PM

DOW

26546

               

Shambles

11:01:29PM

NASDAQ

7840.24

7781

7762

7736

7827

7841

7850

7873

7782

11:03:55PM

JAPAN

22191

               



24/04/2019 FTSE Closed at 7471 points. Change of -0.69%.

Total value traded through LSE was: £ 5,769,303,007 a change of -12.08%

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