Public trading strategy
Google just ordered millions of chips from Intel — catch the turnaround story be
Thesis
Intel has been struggling for years against rivals like TSMC, but landing a massive order from Google proves their manufacturing turnaround is real. A rare double upgrade from Bank of America means Wall Street analysts are finally convinced the worst is over. When sentiment shifts this sharply on a turnaround story, there can be significant upside as investors pile back in.
Strategy approach
Build a rule-based strategy that enters long INTC on 1D when price > 20-day SMA and volume > 20-day average volume, with a 30-day max hold and a 6% trailing stop.
Markets and timeframes
INTC1D