As recently highlighted here in the May 7th video a couple of weeks ago, INTC (Intel Inc.) continues to offer an objective long entry or add-on here as either a direct play and/or an indirect hedge to a short on the tech heavy Nasdaq 100 at the 31ish & downtrend line (backtest) support while oversold on this weekly time frame. Previous (May 7th video screenshot) & updated weekly charts below.
INTC screenshot May 7th video
INTC weekly May 24th
Zooming down to the 60-minute time frame for more precise entry/buy points & price targets, INTC continues to offer an objective long entry or add-on as either a direct play or an indirect hedge to a QQQ short here at long-term support (see weekly chart) with positive divergences following the recent downtrend line breakout with the next & potentially powerful buy signal to come on a solid break above 32.30ish.
INTC 60m May 24th