How Verified Investing’s view on $INTC changed

2026-09-08Bullish
“Bloom Energy S&P 500 Addition & Macro Breakouts”
INTC near breakout; watch 105.60 for confirmation, then buy pullbacks to trend line.

Uh next chart up with Intel, much like on LITE, on the verge of a potential breakout. Now, notice price action pierced this inclining or declining trend line today and pulled back ever so slightly to close under 105, but we're knocking on the door for a potential breakout.

So, watch tomorrow at 105.60. We get a breakout, we need a confirming push, then any pullbacks down to this trend line can be a buying opportunity for the resumption of upward movement on this chart.

Direction flip
2026-08-26Bearish
“Inflation Data Hits Markets, Nvidia Options Action Is Bullish, Yields Spike Ahead Of Warsh Speech”
INTC is bearish after an earnings drop; the 296 gap fill is a key support level that may be tested.

next up we have into it here. In it falling on earnings today. Take a look at this drop again. A nasty fall. Got a big bounce and it's kind of been chopping around. It did get as low as about $300 yesterday after hours.

Now, if we look at the chart, the chart had been grinding up for quite some time, now taking a beating. There is one level I'll be watching today which is right around this 296 gap fill.

That should be a key technical level. That would also be a pierce of yesterday's after hours low and a pierce of the 300 even number. Plus, it's also a Fibonacci retrace zone and gap fill.

So 296 is kind of what I'm eyeing on this. We'll see if it flushes. Uh it's definitely a possibility this could easily get down there intraday.