Continuing our look at Intel stock.
Analyzing the wave structure, it’s clear we’re not ready for a strong push up yet.
What’s needed now is a correction.
Most likely, the stock will retest or approach the recent highs before rolling into a corrective move.
The current structure is similar to
NVDA - one final subwave up toward the peak, a mini-impulse, and then a deeper correction.
Additional confirmation for a correction comes from the impulse move down that started back in April 2021:
The fifth wave began in December 2023, and a return to those levels now seems very logical.
In other words, the move from April 2025 until today represents Wave A.
Conclusion:
A small initial push up, then a bigger move down.
Preliminary targets:
Bonus:
The current Intel chart in March 2020 resembles the present structure of
TSLA, which is also covered in other ideas.
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Analyzing the wave structure, it’s clear we’re not ready for a strong push up yet.
What’s needed now is a correction.
Most likely, the stock will retest or approach the recent highs before rolling into a corrective move.
The current structure is similar to
NVDA - one final subwave up toward the peak, a mini-impulse, and then a deeper correction.Additional confirmation for a correction comes from the impulse move down that started back in April 2021:
The fifth wave began in December 2023, and a return to those levels now seems very logical.
In other words, the move from April 2025 until today represents Wave A.
Conclusion:
A small initial push up, then a bigger move down.
Preliminary targets:
- 36
- 31
Bonus:
The current Intel chart in March 2020 resembles the present structure of
TSLA, which is also covered in other ideas.---
Subscribe and leave a comment.
You’ll get new ideas faster than anyone else.
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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.