Public trading strategy
Intel nabs Apple chip deal — ride the turnaround momentum
Thesis
This is a massive credibility boost for Intel's manufacturing business. Landing a high-profile partner like Apple validates their turnaround strategy and guarantees a huge stream of domestic revenue. News like this often attracts sustained buying from institutional investors over the following days and weeks as they re-evaluate the company's long-term prospects. Look to ride this early momentum as the market digests the scale of the Apple partnership.
Strategy approach
Build a rule-based strategy that enters long INTC on the 1D timeframe when price closes above the previous day's high with an RSI(14) between 50 and 75. Exit conditions: a 10% trailing stop or a maximum hold of 15 trading days.
Markets and timeframes
INTC1D