Intel Corporation
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INTC Weekly – Long-Term Accumulation with 5-Year Target

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INTC Weekly – Long-Term Accumulation with 5-Year Target

Intel (INTC) has been through a major downtrend since its 2021 peak, but the weekly chart suggests we may have found a structural bottom.

🔑 Key Levels

Support Zone: $27 (recent bottom), $23 major long-term floor.

Resistance: $40–42 (key breakout zone).

Upside Targets (Fibonacci Extensions):

$52–55 → prior supply zone.

$72 → full retracement of 2021 highs.

$87–90 → 127% extension.

$105–110 → 161% extension.

$119 → ultimate 5-year target.

📊 Technical Notes

Price bounced strongly from the 0.786 retracement near $27 with heavy accumulation volume.

Breakout above $40 could confirm a long-term reversal.

Risk remains if support at $27 fails → next major level is $23.

🎯 Outlook

This might take years, but the long-term structure favors accumulation. INTC is positioning to benefit from AI, chip manufacturing expansion, and U.S. semiconductor subsidies.

Bias: Accumulation in the $27–32 range, with long-term targets $72 → $119.

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