Group 1 - The overall market indices and sectors did not experience significant downturns, indicating a stable market environment [1] - The focus is on buying hard assets and stocks that are breaking out of a base, rather than those that are declining [2][3] - Intel Inc. is highlighted as a stock with potential for growth, suggesting it is not too late to invest [4][5] Group 2 - Intel has established a solid base since October/November 2024, indicating a foundation for potential growth [6] - The daily chart shows that Intel is currently in an accumulation phase, with strong momentum and leadership [7][8] - For further growth, Intel must close above the 50-week moving average and surpass the highest weekly close since November, specifically over 26.25 [9][10][11] - If these conditions are met, Intel could potentially reach prices of 32 and then 40.00 [12]
Intel Stock (INTC) Traders Have Not Missed the Boat