INTEL: Huge Bullish Earnings and Breakout Activated Targets!Hello There,
welcome to my new analysis about INTEL (INTC) on the weekly timeframe perspective. In the past month and weeks, the stock surged massively. The bullish volume and momentum increased heavily. Since the low at 18 in April 2025, exactly one year ago, the stock surged over 300% to the upside. Recently, the massive earnings boost originated in the pivotal bullish upthrust. In my analysis I detected further signs that are highly crucial right now.
As when looking at my chart, we can watch there how INTC, since breaking up above the all-time high region, printed another huge candle towards the upside. This all-time high region is now a major bullish horizontal support, as marked in my chart. Should INTC visit this area again, it will highly likely bounce there and set up the next bullish wave towards higher levels. Also, the 100-EMA marked in blue and the 35-EMA marked in black serve as strong support levels.
The completion of this gigantic and massively bullishly inverse head-and-shoulders formation has now activated the upper target areas, being within the 150 to 165 area. With INTC visiting those areas again, the stock would print another 100% towards the upside. With the options market and investor sentiment aligning with the bullish trend, the established bullish volume and momentum are likely to accelerate further. Once the targets have been reached, further assumptions about the continuation need to be made.
In this manner, thank you a lot for watching!
The support is highly appreciated.
VP
