Intel wins massive Apple chip deal — ride the turnaround momentum
Thesis
This is a massive win for Intel because it guarantees them a huge, reliable customer for their factory business and validates their years-long, expensive effort to become a major manufacturer again. Whenever a company lands a mega-deal with Apple, investors usually re-rate the stock much higher because it means years of steady revenue. Since the stock had already been showing signs of a turnaround before this news, this government-backed partnership could push the shares even higher as regular investors and big funds buy in.
Strategy approach
Build a trend-following long strategy on INTC using the daily timeframe. Enter when the stock closes above its 20-day simple moving average with volume > 1.5x its 20-day average. Exit if the stock closes below the 20-day SMA. Use a 10% trailing stop loss to protect profits.