
$Intel(INTC.US) A TD Sequential low nine signal has appeared on the weekly chart. Combined with the current price structure analysis, it is highly unlikely that this week's closing price (today's close) will effectively break below $46.9, which can be considered a temporary defensive level.
The daily chart shows that the price is still operating within an upward channel, currently above the support zone at the lower channel boundary of $45.6–$46. If this support fails, attention should turn to the secondary support band in the $42–$43.5 range below.
Key resistance above is concentrated in the $50–$51.5 area. If there is a high-volume effective breakout above this range, it could potentially challenge and break through the previous high, opening up further upside space.
Overall, the current structure leans more towards consolidation within the $47–$51 range, digesting supply and pressure through sideways accumulation, waiting for fundamental or news catalysts to cooperate, thereby driving the price upward to break through and set a new stage high.
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