This old man stock is really moving so slow. Intel recently announced they are going to have restructuring (retrenchment target:12K) was affecting the stock price for a short while. From the fundamental perspective, it going to take a couple of years before Intel could see the fruits of its strategy. But from technical perspective I am still of the believe that it will move up to 40+ and my target is 40-50 where I will dump all or most of my stock. Many people are laughing at my target but only the one with the last laugh wins.
I am hoping macro factors and technical elements would push price to my target faster, say end of 2016 or early 2017.
I am hoping macro factors and technical elements would push price to my target faster, say end of 2016 or early 2017.
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