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Intel Corporation Message Board

  • jflaherty jflaherty Jun 2, 2013 9:45 AM Flag

    Tell me your predictions for June:

    imho, INTC will end June over $27. granted, i don't put all my eggs in the "technical" basket, but INTC is ready to pop. RSI and BBands both point to a pop. For those keeping track (bashers and pumpers list), I say $27. Tell me I'm wrong....

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    • Right on brother.

    • Not Intel but the entire market often turns to #$%$ over the summer. I think by the end of the year however Intel will have enough success to bring it well over $27 and possibly to $30.

      • 1 Reply to intel_fanboy
      • This is purely a guess jaded by years of market watching. It seems that when everybody "knows" that a stock is ready to pop and poised for gains, somehow it either stays flat or declines. My money is placed for a fairly flat June, with expectations that it will start to creep through July and August into back to school sales. Depending on retail channel reports in late August, it may start to go higher, but the real pop will be on earnings in October...

        That said, I hold a couple of in the money Jan 2014 and Jan 2015 calls for insurance in case I'm wrong, but...

        I don't think it breaks $25 pre June option expiration...

        In July I don't see it breaking $26...

        In late August, after option expiration with strong retail channel checks it may see a bump towards $27

        And if earnings play out with positive guidance in October we can see $ 27+

        JMHO, and I'd love to see my predictions labeled as too conservative...

        Many thanks to all who post the technical stuff... I'm just a numbers guy who's weak on the semi knowledge...

 
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