Intel Corp (INTC)

[JJ8]

Intel share price LONG TAIL DOWN today, on 10-April-2024. This is positive step in the right direction.

The Full Stochastics Oscillator looks like it is closest at it lowest point. This suggests it may be near a change to a rising direction.

However, it will take many other positive changes along the path to lead to a price Breakout.

We should see the Dailies turn to Uptrend from Downtrend now.

Next, the Weekly to confirm the Uptrend and also turn to an Upturn

PS: April 10 2024 - 07:13AM
IH Market News Intel (NASDAQ:INTC) – Intel presented an updated version of its artificial intelligence chip, Gaudi 3, at the Vision event, aiming to compete with Nvidia (NASDAQ:NVDA) in the AI semiconductor market. Built with TSMC’s (NYSE:TSM) 5 nm process, it offers superior performance, crucial for meeting the growing demand for AI chips..

All that will require time and trading sessions where Demand dynamic starting to dominate. Intel has a great background of microchip manufacture for decades.

We shall see. GLTA