INTC: Price Is Gradually Approaching An Important Support ZoneIntel CorporationBATS:INTCBlaisefxacademyIntel Corporation (INTC) stock recently traded around the high $80s to low $90s range, navigating a turbulent semiconductor market following a massive upsized $20 billion common stock offering and broader sector reactions to AI spending expectations. Technical Insight: INTC is on bearish momentum. The stock have been trending downward, for a couple of days now, in respect to the structure. Recently, price made a partial retracement, at $85.72, but the level seems not strong enough to hold the buy move. Price is heading down again to a significant support zone, as we anticipate a long pullback. Key Point: A confirmed reverse around $81.70-$86, activates a buy position, eyeing $99, as next potential bullish. Thanks for reading, enjoy your weekend.