#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…
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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%