$INTC broke the cardinal sin of not holding the breakout level on the retest
Price broke above the blue range top line at $24.60 and the 200 Day MA and on the retest, support was almost non-existent and the price sank with the Semi sector and dropped deep into the Consolidation range, so the price can continue moving sideways in this range for the foreseeable.
I do believe there is limited downside if $18 is lost.
Nick E
2025-03-09 22:17:59 +0000 UTC