Best Buying Zones for Intel Stock on the Daily Timeframe

Intel's stock has begun to resume its expected upward trend after breaking through the sideways movement and previous resistance levels. The stock has established strong buy orders, considered among the best and strongest current support levels.

Current expectations point to a long-term upward movement, which aligns with Intel's recent positive news.

Expected Targets

Currently, the demand zone near 44.19 is considered one of the best buying zones. If this level is tested, we expect to see a return to the upward trend towards targets near 48.88 and 53.38, respectively.

However, if the demand zone is broken and the price closes below it on a daily candle, we may see a continuation of the decline towards the next demand zone near 35.77, which is also a very important level for the stock.