This mostly matters when your reasoning is purely technical, if you are a value investor in a quality stock with great financials and products and future potential, then technicals becomes not so essential, if price is right, buy it!
Well that might be how you play it but some fundamental traders do use technicals to judge when to enter/exit.
Sorry to put you through this, just trying to understand your thinking. To some people fully invested means all of their portfolio, where others mean a full position in a well diversified portfolio which equals maybe 2% of the portfolio. Terms like solid and long term when refering to investments are kind of vague. Longterm investing to me means you are letting the market manage your portfolio. INTC pays a dividend (+5%) and I hear that you get paid to wait. Wait for what? What is the downside? Price continues to slide, earnings decline, dividend increases stop. Do you have any kind of risk control in place?
INTC forms 1/6th of my investment capital, yes it may slide more, but nobody can tell where bottom will be, just like nobody joining the downtrend would know how safe their short position would be if stock was to gap up and to never turn back even though it is still an overall downtrend. When you invest into a quality stock, main concern should be how much of a discount is being offered, how big is the deviation from ATH and INTC is trading at a good discount, this is a good entry point to hold for next 10+ years, until the time there will be a new bear market.
It's got be close to a bottom but like SunTrader I would wait for an uptrend since valuation is still a function of interest rates and that's pretty difficult to predict right now. Intel has pretty much caught up with both the Ryzen & EPYC chips in terms of performance. It looks like Intel has abandoned its workstation line so the Threadripper will still dominate that market but it's a very niche market. I mean how many people are clamoring for a $7,000 CPU? Technically you can get the Xeon-W chips & boards (LGA 4189) but those are still much slower than the Threadrippers.
I know what the dot com and MBS market bottoms felt like from a real-time price perspective over their 3 month lows period. This is nowhere near one. During those two, INTC fell to the 12 area. But go right ahead. It will be a heavy bag to hold from here on down. Virtually every retail Intel bull posting rah-rahs thinks a Taiwan takeover would either be a minor setback or somehow extremely positive. Only innocuous one-liners to explain their reasoning while Xi has given it years of thought and planning.
To me, value investing is: Is this selling for a good price? If it's a good deal, and it pays a dividend, you don't really want to sit there for months wondering and waiting to see if it goes even cheaper. I have some Intel and one thing that surprises me about Intel threads here is that there is generally a lot of discussion about who has the best processor, but much less on who is providing the best return for the shareholders. If we were talking about steel companies, there would be less discussion on who makes the alloy with the highest tensile strength, and more discussion about which companies do a better job of producing steel profitably. If you look at the PE ratio for Intel vs. AMD it's quite a stark difference. AMD is on the order of 4X more expensive.
I can’t disagree with the above, but what has to be added is market share, AMD has been gaining ground in recent years, and also represents a great investment which I do have, but INTC now is technically on par with AMD, hence my expectation of stock price to bottom out around here and INTC is back in action.
I don't hear much of a market turn around yet, but more like further pains at least through 2023. Of course, the war in Ukraine will affect sentiment, based on its resolution. Worst scenario is if China invades Taiwan while the European war is still going. Speaking with Taiwanese friends, they don't think there will be a war. A good part of the population supports an integration with China anyways and the expectation is those in the pro western anti communist movement who can will leave Taiwan at the first signs of an attack. Clearly the US is aware and won't risk US forces for a country that won't make the effort to defend itself like Ukraine. Much pressure is on Taiwanese armed forces. While INTC is well positioned, the world markets will sink well before the war triggers, if it does. A counter point would be that if China successfully invades Taiwan, there will be a huge inflow of capital and tech expertise from Taiwan to democratic nations and China will be banned from trading with most of the world. That will stimulate many to develop manufacturing that has been lost to China over the last 30 years.