Intel (INTC) has started to show strong bullish signals, confirming a reversal after refusing to drop below $18. The stock has since climbed to $27, signaling renewed investor confidence and a potential breakout in the coming months.
Key Resistance Levels: The Path to $75
$30: The first critical resistance level that Intel must break to continue its bullish momentum.
$37: A key milestone that, if surpassed, would strengthen the uptrend.
$75 (All-Time High): The ultimate long-term target.
If Intel successfully breaks above $37, it could trigger a sustained rally toward its ATH of $75, potentially supported by industry advancements and stronger financial performance.
Risk Scenario: Consolidation and Potential Drop to $12
If Intel fails to break $30, it could enter a multi-year consolidation phase.
A prolonged range between $12 and $30 could play out if bullish momentum fades.
In a worst-case scenario, Intel could hunt the $12 level, creating a long-term accumulation zone before attempting another breakout.
Summary: Bullish Structure with Key Levels to Watch
Intel’s refusal to drop below $18 and its climb to $27 signal growing bullish momentum.
Break Above $30: Signals continuation to $37, then a long-term push toward $75.
Failure at $30: Could lead to a multi-year consolidation, ranging between $12 and $30.
The next few months will be crucial in determining whether Intel resumes a strong uptrend or enters a long accumulation phase before the next major breakout.
Key Resistance Levels: The Path to $75
$30: The first critical resistance level that Intel must break to continue its bullish momentum.
$37: A key milestone that, if surpassed, would strengthen the uptrend.
$75 (All-Time High): The ultimate long-term target.
If Intel successfully breaks above $37, it could trigger a sustained rally toward its ATH of $75, potentially supported by industry advancements and stronger financial performance.
Risk Scenario: Consolidation and Potential Drop to $12
If Intel fails to break $30, it could enter a multi-year consolidation phase.
A prolonged range between $12 and $30 could play out if bullish momentum fades.
In a worst-case scenario, Intel could hunt the $12 level, creating a long-term accumulation zone before attempting another breakout.
Summary: Bullish Structure with Key Levels to Watch
Intel’s refusal to drop below $18 and its climb to $27 signal growing bullish momentum.
Break Above $30: Signals continuation to $37, then a long-term push toward $75.
Failure at $30: Could lead to a multi-year consolidation, ranging between $12 and $30.
The next few months will be crucial in determining whether Intel resumes a strong uptrend or enters a long accumulation phase before the next major breakout.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.