INTC is up 20% in two weeks after a report that the US government was considering a stake drove shares 7% higher on the day. The funny thing is this is the third time *this year alone* that INTC is up >20% over 10 or less trading days, even though the stock trades at the same level it did on Dec 2.
The three year weekly threatens to crack over that line this time though. That would be a difference (from a chart standpoint)
for sure! It's just funny how volatile this thing is.
100%
$INTC was my generation’s NVidia. It’s hard for some to accept half of the once invincible Windows duopoly has ended up in market cap squalor while the other is a ~$4 trillion behemoth.
Until maybe a couple days ago I was looking at the chart as a potential little H&S to watch.
🤔
Holding through all of them. I should have just buried the money in the yard.
I own it with a small gain w a cost of 22.50 on the fallen angel premise, people too pessimistic, will be less bad, etc. Now I have no idea what to think or if my premise is now even valid.
$GME for the chip sector
Beat me to it.
Got to love socialism