INTC - CURRENT PRICE : 41.53
My earlier INTC buy call has reached its projected targets. The previous analysis is shared below for reference.
Technical Highlights
1) New 52-week High – Price has broken into a fresh yearly high, confirming strong bullish momentum.
2) Pennant Breakout – The breakout from a bullish pennant pattern suggests continuation of the prior uptrend, with a potential target of $49 based on the pattern projection.
3) Golden Cross Intact – The 50-day EMA remains above the 200-day EMA, maintaining the long-term bullish bias.
4) RSI in Bullish Territory – RSI remains above 70, indicating strong momentum and persistent buying strength.
ENTRY PRICE : 40.00 - 42.00
FIRST TARGET : 45.00
SECOND TARGET : 49.00
SUPPORT : 36.43 (the low of 23 OCTOBER 2025 candle)
My earlier INTC buy call has reached its projected targets. The previous analysis is shared below for reference.
Technical Highlights
1) New 52-week High – Price has broken into a fresh yearly high, confirming strong bullish momentum.
2) Pennant Breakout – The breakout from a bullish pennant pattern suggests continuation of the prior uptrend, with a potential target of $49 based on the pattern projection.
3) Golden Cross Intact – The 50-day EMA remains above the 200-day EMA, maintaining the long-term bullish bias.
4) RSI in Bullish Territory – RSI remains above 70, indicating strong momentum and persistent buying strength.
ENTRY PRICE : 40.00 - 42.00
FIRST TARGET : 45.00
SECOND TARGET : 49.00
SUPPORT : 36.43 (the low of 23 OCTOBER 2025 candle)
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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.
Related publications
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.