Shorting may seem easy
July 30, 2026 Leave a comment
That gravitational pull for the prices of semiconductor and memory securities remains omnipresent, but the current (interim) decline should pause quite soon.
In Intel’s case, $68.30 could be seen quickly in the coming week or so (from its current $81.88), but the main damage of the first wave’s decline has been seen.
New “shorter’s” entering at current prices may be hurt on a bounce.
At that stage, you can queue up those ‘buying the dip’.
While, I still think Intel’s will eventually trade down to the $44 mark.
It’s going to be a cruel summer for some.
July 30, 2026
rob@karriasset.com.au
