$INTC with 2 patterns! (5/5)

Conviction: 5/5


General Thesis

• bouncing off of long-term channel support (since 2009)
  
• Weekly RSI not quite bouncing off historical turning points
  
• not super clear, but could be forming a lont0term cup and handle
  

Growth

• Margins quite low compared to own history
  
• low growth
  

Value

• cheap, ESPECIALLY compared to other chipmakers
  
  • Fundamentals
    low debt/asset ratio and plenty of cash to deal with short term debts
    
    Potential Risks
    • expensive market...
      
    • 2000-era peak continues to serve as resistance