Is INTC gearing up for a strong rally?Intel CorporationBATS:INTCicttrdrFirst off, we observe the accumulation phase marked with a green arc on the chart, where accumulation has taken place. Secondly, we see the manipulation phase marked with a gray rectangle between the 102 and 92.71 price levels. Since manipulation followed accumulation, we are now looking for distribution. To confirm this distribution, we spot a morning star candlestick pattern, which indicates an upward move, suggesting that distribution is very close. Finally, once distribution occurs, our first price target is the area marked as resistance #1 on the chart, which I expect to be easily broken. If this level is cleared, the resistance #2 area will be tested. If that breaks as well, the 140-150 levels could be tested; if not, we can anticipate a pullback from nearby peaks before the price continues its path. ⭐️A cross above EMA21 could offer a solid entry point. ⭐️1D time frame -icttrdr