A Strong Opportunity for Intel Stock
Intel, the tech giant, continues its strong upward trend.
Currently, the stock is experiencing some profit-taking corrections.
We expect to see a return to the upward trend soon,
if it tests the identified demand zones on the chart,
which are located at the $35.77 level, considered
the best current buying opportunity for the stock.
Expected Buying Targets
If the identified demand zones on the chart are tested,
a rise to the previously identified targets is expected,
which are located at the $39.40 and $43.40 levels, respectively.
However, if a full bearish candle breaks and closes below the demand zones,
the bullish outlook will be invalidated,
and we may see a continuation of the decline.
