Intel 
INTC has broken above previous resistance and a descending trendline, confirming a bullish reversal.
Price is currently respecting an ascending channel and forming higher highs and higher lows. The breakout retest around $22.50 has held as new support.
If the current structure remains intact, price could continue toward the $26.00–$26.50 resistance zone. A breakout above this zone opens the door for a move toward $28+.
Key levels:
Support: $22.50 (previous resistance)
Resistance: $26.00–$26.50
Trend structure: Bullish channel
Volume supports the trend, and price is trading above both the 50 SMA and 200 SMA.
📌 Watching for a pullback and continuation move inside the channel.
This is not financial advice. Always do your own research.
INTC has broken above previous resistance and a descending trendline, confirming a bullish reversal.Price is currently respecting an ascending channel and forming higher highs and higher lows. The breakout retest around $22.50 has held as new support.
If the current structure remains intact, price could continue toward the $26.00–$26.50 resistance zone. A breakout above this zone opens the door for a move toward $28+.
Key levels:
Support: $22.50 (previous resistance)
Resistance: $26.00–$26.50
Trend structure: Bullish channel
Volume supports the trend, and price is trading above both the 50 SMA and 200 SMA.
📌 Watching for a pullback and continuation move inside the channel.
This is not financial advice. Always do your own research.
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