INTC nice move up after lows 39.60. close above 41 would be very healthy for next upward rocket.Community discussions
INTC nice move up after lows 39.60. close above 41 would be very healthy for next upward rocket.
INTC Today (Dec 10, 2025), INTC has rebounded back to the $40 area in-session (from an intraday low of $39.31, now ~$40.75, +0.5% pre-market). This is normal “Wave 5 terminal digestion” and the wave can still clearly continue (65% probability). The low held above the critical $39.50 zone (channel lower rail + 61.8% Fib), late-session bulls defended, volume remained neutral (~80M shares, no panic), RSI 33.74 shows oversold bounce signs, and MACD bars are slightly negative (-0.002) but no dead cross yet—fully consistent with Wave 5 “weak continuation” rather than failure.INTC The pullback is primarily driven by internal company turmoil and transformation bottlenecks. The Huang case's negative impact has already materialized but is not core (short-term noise). Google TPU v5 has amplified broader competitive concerns. If Q1 2026 earnings (January) beat expectations (Foundry growth >20%), it could easily rebound to $48+.@joyfulSeagull5712
INTC broken below $40 support on moderate volume (~80M shares), confirming Wave 5 failure (truncated impulse) with high probability (70%). This shifts the Elliott Wave structure to a corrective phase, likely Alternative Count 2 (expanded flat or C-wave extension), targeting a pullback to $38-40 (Fib 50% retrace from $33 low). RSI at 33.74 (oversold) and MACD dead cross (-0.002) signal exhaustion, but no panic volume yet—could rebound if $39 holds.Idea: INTC: ABC Correction Fails – W…
INTC Shorting till 39$INTC performance 12/08 is a normal Wave 5 terminal digestion (5-10% retracement), with the Wave 5 structure still intact (70% probability), low truncation risk (20%), and unlikely to fail outright (10%)—the low hasn't breached the key $39.50 level, RSI 69.7 shows no dead cross, and the MACD golden cross (0.811) bars have merely narrowed.
INTC Not saying this will play out, but so far it is; timing was early on the bounce and late on the rebound, but targets were hit within margin of error. Originally posted just under a month ago on November 12th. Spitballing how to wash out both shorts and longs while still making a stab at new ATHs.No reason to be bearish Intel right now, so main thesis for the pullback would be a Santa rally into a general correction in tech stocks in 2026 that pulls Intel down with it. That would provide fuel for a run to ATHs as buyers washed out by the correction pile back in from FOMO at higher prices upon general market recovery.
Yellow line is a high probability bounce from the island reversal gap acting as support, orange is a lower probability gapfill scenario.
trump will have chips manfuactured In the USA intc will benefit greatly
INTC will it fill that gap to the downside from the initial gap up?