Intel (INTC) – Bounce Setup

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Intel (INTC) – Bounce SetupIntel CorporationBATS:INTCxiswayINTC is pulling back into a key support zone at 36–35 USD, aligned with the lower boundary of the ascending channel. This area has previously held as strong demand. As long as price holds above 35 USD, a technical bounce is likely. Upside potential is 45–50 USD, near prior resistance and the upper channel.