The Long Investor
patreon
$INTC TOP 20
🕑 Added 2025-04-13 18:22:09 +0000 UTCThis chart shows a technical analysis of Intel Corporation (ticker: INTC) using weekly Heikin Ashi candles, and it lays out a potential bullish and bearish scenario. Let’s break down what’s going on:
🟦 Key Features on the Chart
Moving Averages:
Blue Line: Shorter-term moving average (possibly 50-week MA).
Yellow Line: Longer-term moving average (possibly 200-week MA).
Price is below both MAs, indicating a downtrend or bearish momentum.
Horizontal Support & Resistance:
$43.26 (blue line): Significant resistance level from prior price action.
$24.26 (Fib 0.786 level): A potential bull case reversal point.
$18.47 (Fib 0.887 level): Current support and "Buy Zone".
$11.96: Marked as "GFC LOW '09"—a worst-case scenario support level from the 2008 financial crisis.
Labeled Patterns & Zones:
"A-B-C" Correction: Indicates a possible Elliott Wave correction pattern, with the "C" wave possibly nearing completion.
"CONSOLIDATION" zone: Price has been ranging sideways here, showing indecision and low volatility.
"BUY ZONE": Between ~$18.5 and ~$24—marked as an area where bulls might step in.
"BEAR CASE": Below $18.47—if support fails, further downside is expected.
Price Action:
Currently around $19.97, right at the lower support (BUY ZONE / BEAR CASE).
Recently rejected from the yellow MA (resistance), forming a descending triangle or falling wedge.
📊 Interpretation
Bullish Case:
If price holds the $18.5 support and breaks above the consolidation, we could see a retest of $24.26, and potentially higher if momentum continues.
Bearish Case:
A breakdown below $18.5 may trigger a selloff toward the GFC low of $11.96, especially if macro conditions worsen or company fundamentals disappoint.
🔍 What This Chart Suggests
The stock is in a critical decision zone.
Technical traders are likely watching for:
Confirmation of support at the $18.47 level.
A bullish breakout from the wedge/consolidation.
Or a bearish breakdown below current support toward historical lows.
I am trialing the use of ChatGpt to supplement my thought process here and I think it has done a very good job of reading the chart and explaining the important parts
What do you think?
Comments
Bercan
I like the gpt comments but maybe put youe own comments first on gpt and the image and then let it expand
Jorge
you could ask chat gpt to condense it into 1-2 paragraphs and it'll look cleaner. I copied what you posted and had it done ...see below Sure! Here's a simplified and condensed version of the analysis: Intel (INTC) is currently trading around $19.97 and sitting at a key support zone between $18.5 and $24—labeled the "BUY ZONE." The stock has been moving sideways in a consolidation pattern, and it's below both its short- and long-term moving averages, showing bearish momentum. There’s also a possible Elliott Wave correction pattern playing out, which might be nearing completion. The bullish case: if INTC holds support above $18.5 and breaks out of the current range, it could climb back to $24.26 or higher. The bearish case: if it drops below $18.47, it might fall further toward $11.96, the low from the 2008 financial crisis. Traders are watching closely to see which way it breaks.
Paul Franque
It's a lot but I believe it is easier to comprehend than the usual commentary
Gareth Neary
Noted
Gareth Neary
Thank you for the feedback
Crewz
I dont like it, too many rows of text
Lewis
I don’t like this at all. No where near as clear as your normal commentary.
Luke
Cap who cares Rory just doubled the first.
Nnote
Ha ive been doing this since I’ve joined your group… I have one that runs analyses in tickers in the perspective of its own advance long term trader view, one using buffets strategy, one that it used to determine how you where coming up with your price charts bc I was so interested but had no one to test my theories against so I made it customized and told it my goals and my financial portfolio info and it came up with a plan and I’m able to ask my self questions to see if they’re inline with the Collective trading style.. kinda fascinating what it can do… its really helped me turn my whole portfolio around and told me what I was doing wrong and stuff but personally I’ve switched it over to free grok from the paid gpt 01 bc it seems to be faster and able to use any post from x as info but will also show u so you can determine for your self if the post is true or not and it also gives its assumptions… would be open to talking more about it if interested. Help each other down the rabbit whole lmao
DK
Pretty neat. Curious on the inclusion of “possibly”.
Dan
Artificial intelligence is absolutely fascinating.
