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INTC – Patience for the Price to Bottom Out
INTC has been making a lot of headlines after a steep decline after yesterday’s worse than expected earnings announcement. AI chip companies have been in a downtrend in general, but INTC has been underperforming relative to the others. I think NVDA’s earnings announcement in May is likely to be a catalyst for these AI chip […]Read More
Shifting Landscape Of Tech Stocks
In the past year, technology stocks have been favourites among a wide range of investors due to the strong growth in their share prices. Specifically, the respective stocks from Nvidia, Alphabet, Apple, Amazon, Meta, Microsoft and Tesla have been chosen as the preferred ones, winning the title of the “Magnificent Seven”, with Nvidia’s stock recording […]Read More
BTC Still in the Bull Pennant
BTC also still looks bullish to me despite having some short-term downside. As long as the price is trading within the bull pennant I think BTC has a chance to start forming a bullish breakout. I wasn’t expecting any strong moves in April, I think May will be an important month to monitor for the […]Read More