AP

a black and white photo of the surface of a wall

INTEL

a black circle with a black center

The broader structure suggests that the five-wave bearish cycle (Wave 5) has concluded, forming a solid base in the 18–24 support range.

This move has initiated a corrective A–B–C phase, where Wave (A) is currently completing.

A moderate Wave (B) pullback toward 30–33 USD would offer an optimal re-entry point before the next impulsive advance (Wave C) begins.

Intel Corporation (INTC)

Intel Corporation is a global leader in semiconductor design and manufacturing, headquartered in Santa Clara, California. Founded in 1968, Intel develops and produces microprocessors, chipsets, graphics solutions, and technologies for data centers, artificial intelligence, and edge computing.

Industry: Technology / Semiconductors

Key Focus: CPUs (Intel Core™, Xeon®), data-center and AI platforms, networking, and foundry services.

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