Embedded Nature
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Embedded Nature
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$INTC looking good intraday









$INTC, despite the flatline price action, is closing strong again today - it really needs to reclaim 8MA solely with the help of a higher volume trading day. FOMC should help ease nerves and initiate buyers. Looking for a close above prior day close ($40.30). Anything above and we're holding well.






$INTC A close above $42.48 (prior recent high) confirms support flip and uptrend. Chart showing momentum (RSI ~67 rising to overbought but rising momentum signaling a ton of strength here, MACD positive crossover). Stoch: Overbought crossover, bullish but extended. Catalyst could gap to $50. Support at ~$37 (50-day MA), with volume up 10% MoM on greens signals accumulation. Expecting close above $42.40. Could pull back to $41.50 for another rise up, but expecting extended overbought territory, dependent on macro.









