Nov. 30 at 5:50 AM
$INTC Technical Analysis
■ All key (20, 50, 100, 200) moving averages are above the longer period ones.
■ RSI strengthen to 64.4 and last time it ran up to 80 before turning around.
■ MACD turned positive and made bullish convergence. Safe until 3.30 MACD.
■ Possible next targets:
> Oct/2025 high at
$42.50
> Mar/2024 high at
$46.50
> Dec/2023 high at
$51.00.
■ Like to see increasing volume to strengthen the follow through rally
[LOOK OUT FOR THIS]
■ Notice the blue dotted trend line below. It's likely not a coincidence that this trend line, which formed in 2024, has carried into 2025. This line previously marked the last October high near
$42.50 before the price turned back. If the trend line rejects the current rally, the fact that it is sloping upward could put the rejection point in the
$45 to
$47 range especially if RSI reaches 80, and MACD reaches to 3.30 all at the same time like in Oct.
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