The Time Is Now
Finally, the month, quarter and half have ended. After falling for 4 months and building a beautiful bottom for two months, (the last one becoming tighter and quieter) Intel is ready to be one of the better performing stocks of the second half of 2024.
There are a number of gaps above that will eventually get filled. As I said in an earlier post, “I love this chart”. Now the calendar allows portfolio managers to go long without having to show a loser on their books which it did if they went long during the last two quarters. (This is not investment advice, just my opinion.)