Intel is most likely in the final phase of an Expanding Flat (ABC) correction and is expected to decline further, potentially reaching around $70, near the bottom of the 1-week Fair Value Gap (FVG).
After that, a new bullish impulse wave could begin, with the potential to push the stock above $200 over the long term.
After that, a new bullish impulse wave could begin, with the potential to push the stock above $200 over the long term.
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Perhaps Nvidia has completed its correction and now is moving higher. If so, Intel and the rest of the market will follow. Geopolitcal conditions also appear to be improving. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.