Menu Close

Intel’s Tragic Tumble

This is a syndicated repost published with the permission of Slope of Hope – Technical Tools for Traders. To view original, click here. Opinions herein are not those of the Wall Street Examiner or Lee Adler. Reposting does not imply endorsement. The information presented is for educational or entertainment purposes and is not individual investment advice.

Just two years ago, Intel looked like one of the strongest, most stable, most promising equities in the known universe. This chart is a thing of great beauty, and INTC had made many people a tremendous amount of capital appreciation.

It just goes to show how quickly things can change. Like a bolt from the blue, Intel started a demise that has shredded about 60% – – that’s over a hundred billion dollars of value – – away from the stock. I don’t know enough about the world of semiconductors to explain why this sea-change took place, but keep this in mind when someone poses one of those “what if you had to hold on to a stock for a decade?” type questions, because even the best charts can sour quickly.

Join the conversation and have a little fun at If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter.

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Follow by Email