Exceptional Breakout Potential and Strategic Targets — TradingView News
Intel Stock Current Technical Setup: Intel Corporation’s stock (NASDAQ: INTC) exhibits compelling bullish momentum. Since early 2024, a key descending resistance line has defined price action, recently decisively broken to the upside, validated by a successful retest.
Following a significant earnings-related decline in August 2024, INTC stock entered an extended consolidation phase, primarily trading within a range between approximately $17.70 and $27.50. A volume profile analysis indicates most trading activity occurred between the Value Area Low (VAL) near $19 and the Value Area High (VAH) at around $22.85, with the Point of Control (POC) positioned around $20.35.
Intel Stock Analysis Video
As the above video shows, among other “hints”,…
