Big Chip Gets Hit: Here's Where I'll Buy

 | Jan 10, 2018 03:11PM ET

Shares of Intel (NASDAQ:INTC) continue to move lower on reports of chip vulnerabilities. The stock is now hammering on last week's lows and will likely break.h3 Buy Before The Bounce/h3

And that's good news for investors and traders like myself who want to buy Intel at the $41.35 gap-fill chart level for a technical swing-trade bounce. It will likely hit this level within days and be a great day trade and swing-trade bounce. Note, I am not even going close to Intel Corporation (NASDAQ:INTC) as an investment, just as a day and swing trade.