$INTC

Short INTC at the 132-135 resistance/trend line area.

BearishHe framed it in days
“Everything Is Ripping — Here's Where I'm Shorting It”
Verified InvestingPublished Sep 21 · 4 passages
02:20/ —Open the source video

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Intel (INTC) shares rose 13% today, with the semiconductor sector being one of the strongest performing sectors. The price rose, we saw a price gap, then we closed the gap at 120, then we closed it again at 122, reaching 124.73 during the day.

Now, we are approaching the next resistance level for Intel stock, which is the upward trend line . The arrow reached her five times , and this time it almost reached her. But in the period between these points, we saw a slight decline that reaffirmed the trend line.

Should we expect the rise to continue later this week? The trend line will be tested at the 134-135 level, which is where we will reach. It also corresponds to this pivotal level at 132.75.

Therefore, we are pushing towards the 132-135 area, and here I am short selling Intel (INTC) shares .

If the stock continues to rise with this deep bottom in between, and if we remove the trend line, we will find a good price gap at 139.63, then a double top with a sharp move towards this level, then the odds favor a downward pullback here.

What this channel has said about $INTC

Verified Investing has 7 calls on this stock; only the adjacent ones are shown.

2026-09-21Bullish
Also continued breakout on Intel. Now, I did have this on the show on Thursday illustrating this was at breakout watch. We didn't get the follow through on Friday, but goodness gracious, we got it today with price pushing up through this gap fill. had a little bit of resistance there, but I see as far as a longer term run on Intel, guys, it looks like we're going to be marching for the top end of this parallel that's been holding price since January of 2023. You can see we pierced the top end range not far uh ago in June 30th, but near-term resistance as far as tomorrow and the following couple days will be right here on this inclining trend line with tomorrow at 12876. But then beyond the next couple days, you see how that extends out further, bringing closer and closer to the top end of this parallel channel that ends up here at $142.19 by October 12th. But if this momentum continues, we may just have one day of pause and then maybe a gap up over that to get to the all-time highs and the top of this parallel. Should see a lot of resistance up here at the top of the chart when and if price action barrels up to that level.
Quote at 13:20 ›
2026-09-21BearishThis one
Intel (INTC) shares rose 13% today, with the semiconductor sector being one of the strongest performing sectors.
Direction flip
2026-09-17Bullish
Now, let's look at the breakout chart; look at Intel's stock breaking through the downtrend line.
Quote at 17:00 ›
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KOL Says
KOL Says