Intel Nears a Critical Make-or-Break Level, Faces a Key Technical Test Below $100

PeterDiCarlo
07-08

$Intel(INTC)$ late stage bull cycle is still intact, but if this volume support breaks and $100 is lost, things can get ugly fast.

Big volume and a clear gap below.

I would not look to short this, but I also would not be a buyer this late in the bull cycle.

I wouldn’t short $INTC in a Bull Cycle, but I also wouldn’t be buying.

Price is trading above the 2x deviation band, so it is extended and at a strong premium.

Weekly DON BX rolled over last week, which tells you broad buying pressure is fading.

Good spot to take some profits off the table, not to start new longs.

Intel Jumps 11% — Can an Expanded Foundry Toolkit Win Real Customer Orders?
Intel surged 11.30% on Thursday and added a further 3.17% after-hours, catalyzed by the expansion of its foundry toolchain for AI chip customers, prompting a repricing of its foundry narrative. The move nearly fully recovered three consecutive days of selling, immediately putting sell-side "valuation fully priced" calls to the test. The real debate remains the pace of customer wins and capacity utilization on advanced nodes. With the toolkit arriving ahead of the orders, how far can this rebound run?
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