INTC nice move up after lows 39.60. close above 41 would be very healthy for next upward rocket.
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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?