INTC is showing a classic Ascending Triangle. Don't miss the move.
Bullish continuation pattern.
Market participants tracking Intel should note the latest formation. With a last close of $133.99, volatility remains active (10.64%). Price action has carved out a classic Ascending Triangle. The trend indicator is reading 22.0/100, suggesting moderate momentum. A potential breakout level is identified at $135.48, targeting $172.63 with support near $98.33 (R:R 1.0).
What is your outlook on INTC?