INTC bull thesis: price action strong above 50-day SMA with upside to ~122; fundamental catalyst from Terraab partnership supports continued rise.
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Intel pushed back to 105 and moving up. I think Intel, you know, when it came back in, that might have been a really good opportunity because uh this company's going to be big for getting that uh Terraab company uh up and running.
Uh this is now the second day that it's trading above the 50-day SMA. Great sign. We continue to hold that uh for you know I would say maybe tomorrow and the rest of the week. I I believe this is going higher.
You do have a small gap fill that takes you up to uh 121 and a half. Is that what that value is? Uh 122 basically. Um, so there's a there's a potential gap still there if we uh manage to to uh get up through uh what is this 116.
It's looking pretty good as long as this continues to hold above the VWAP. I'm sorry, the uh the 50-day SMA.
Intel has officially joined Terraab project as a key technology partner. Yep. So that should be good for Intel, too.
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