INTC revisited

INTC is the only stock I retained through the crash. Sentimental holdings never pan out and this one was no different. I did cover the call options and that softened the blow a bit, but this was a big ouch.

I was asked by a very good friend when Intel will reach 25 again. Technically, there are plenty of resistance levels at 16.5 and 19.5 and the symmetrical triangle pattern. I would be satisfied if it reaches 20 or 21 at best.

That being said, INTC is a good buy at these levels. My long term stock screens for low price-earning, low price-sales, extremely low debt, high cashflow and high gross margins relative to industry had Intel in it. So I will be holding my SPP buys for the longer term.