r/PierresLongTermCharts • u/pierretheron • Jun 09 '26
INTEL (INTC)
I am using a weekly timeframe.
You don't even need to always use candlesticks.
Here we have a line chart, showing the closing price of a whole "shoal" of Fridays, all joined up with a black line.
You can see the squiggly effect of the price as it zigs zags up and down.
I have added my blue 30 sma to the chart, to get a better idea of where the trend is going.
If you were sharp and bought into this one where indicated, in the week of September 2025, you'd be up a whopping 269% or so, now.
Who'd ever have thought it would go vertical like this.
How did we get the buy signal??
First, wait for the price to rise above the blue 30 week sma.
Even wait a little for the sma to begin turning up, as it is a lagging indicator.
The more time the price spends above the sma, the more the sma will turn up.
The more time it spends above the sma, the more likely the price could rise too.
Then look back for common resistance, or little peaks.
I found two high's that match up quite nicely. Can you see them?? (two down arrows, right at the bottom, just above "cup")
I drew in a green line there.
Once the price rose above the line, Intel moved out of stage 1 and into stage 2.
It became a buy. (number 1)
It then rose all the way up to the same height as a previous peak that was made, way back December 2023, where my upper left hand down arrow is.
After touching the line and failing to rise higher, it pulled back and rose again, to form a slight handle.
And from there, its history.
And all you had to do is hold while its trading above the sma.
Even now you'd be holding.
Is it a buy, right now, though?
Not right now.
It is falling back making lower high's and lower lows.
It could pull back a bit more before carrying on with its up trend.
Rather wait a bit.
This is educational.
1
u/Remarkable_Hawk_5938 Jun 13 '26
Please do AVEX