INTC

$Intel(INTC.US)

Having taken profits and fully cleared my Intel position at higher levels previously, I recently revisited the company after an insightful discussion with a fellow peer. Despite ongoing semiconductor volatility, Intel’s current valuation after today’s pullback offers an acceptable entry point for a long-term turnaround play.

[My Strategy & Execution]

I initiated a new starter position today to begin rebuilding exposure. Managing entry risk is critical for swing positioning, so I am adopting a phased accumulation strategy rather than buying all at once. My current position is floating slightly in the green at +0.68%.

[Risk Management & Next Steps]

My plan is to stay patient and strictly follow my risk plan. If the market experiences further pullbacks, my designated second entry zone to average down will be around the $76 - $80 range.

Let’s karching 😎🏖️

@Longbridge Singapore

@Captain Leo