FundaTechno Analysis | INTC upside push, gap close

INTC ichimoku cloud twist green on 4 hr, large gap to fill up to 56 from AMD news being behind on the 7nm node process tech. Investors are wising up that a 6 month lead isnt equal to a 20% crash, and apple silicon likely to have delays which will boost INTC earnings prospects from where they are now.

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Kommentar:

china tensions and chip maker uncertainties have held down from closing the march gap down (along with general market weakness). we are approaching the cloud twist today, analysis still stands.