After today's bearish market session, my buy order for $INTC (-1,88%) was triggered as the stock fell below 50% of its all-time high.
The recent selloff followed Intel's latest earnings report. While the company delivered 21 % YOY revenue growth, beat EPS expectations, and reported its strongest data center growth in 15 years, investors focused on weaker forward guidance and continued softness in the PC market.
For my Blue Chip Fibonacci Strategy, this is a straightforward decision:
✅ Price reached a predefined level
✅ Buy order triggered automatically
✅ Position size adjusted according to plan
✅ Risk management remains intact
If it keeps falling, my next buy orders are waiting for. Now let's see where Intel is in the coming months and years.
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