Intel Corporation
Long

Intel (INTC) silent accumulation pattern and projection of price

479
The last time INTC broke out of its sideways range, it re-tested support three times.

After that, price surged upward, pulled back to the Centerline (an 80% probability move), and then began accumulating again within a sideways coil — or “Battery,” as I like to call it (see the TSLA example).

This setup looks similar now.
In fact, we even have a stronger filter: Price must first break out of the downsloping red Fork. Once that happens, we can expect a re-test of the upper median line (U-MLH). That’s the point where I decide whether or not to take a position.

My target is the Centerline of the grey “What If Fork.”

I want to emphasize that the inventor of the Forks highlighted this idea in his original course: always project and think, “What if…?” That’s exactly what I do — and maybe it will help you as well.

Let’s see if Intel’s “Battery” gives us a solid trade. §8-)

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