SaxoTV

Berger: Why I am selling Intel

501 views
June 29, 2015 berger, chipmaker, equities, equities trading, equity, equity market, equity markets, equity strategy, equity trading, intel, intel corp, intel stock, micron, micron technology, nasdaq, nasdaq index, saxo, saxo bank, saxo bank equities, saxo bank group, saxo bank saxo tv, saxo bank trading, saxo bank trading floor, saxo bank tradingfloor.com, saxo bank tv, saxo capital markets, saxo traders, saxo trading, saxo tv, saxo tv saxo bank, saxo tv trades, saxo tv trading, saxo tv trading floor, saxo tv tradingfloor, saxo tv tradingfloor.com, saxobank, saxobank.com, saxotrader, saxotv, saxowebtrader, semiconductor, serge, serge berger, serge berger tradingfloor.com, short, short stock, short-selling, steady, steady trader, steadytrader.com, tech, tech companies, tech company, tech firm, tech firms, tech industry, tech sector, tech stocks, technology, technology companies, technology industry, trade, trade idea, trade ideas, trade view, trader, traders, traders tale, traders tale saxo tv, traders tale serge, traders tale serge berger, trades, trading, trading equities, trading floor, trading floor saxo tv, trading idea, trading platform, trading risks, trading shares, trading stocks, trading strategy, tradingfloor, tradingfloor saxo bank, tradingfloor saxo tv, tradingfloor.com, tradingfloor.com saxo tv, tradingfloor.com trade ideas, tradingfloorcom

Steady Trader Serge Berger is looking to sell short Intel stock. The Nasdaq fell 1% on Friday after a weak forecast from Micron Technology dragged chipmakers down including Intel.

In addition to bad news from Micron, Berger says that charts show Intel on Friday came close to breaking recent lows, when the stock fell 3%.

He is looking to sell at USD 31 with a target at 29.50 and stop at 31.80.