INTC was consistently my favorite semi stock over the past year or so, with several long trades posted at drops to that key 19ish long-term support, with positive divergences to boot.

However, more recently, I’m just not comfortable with the fact that the US gov’t took a big stake in the company, so I’m on the sidelines with that one. Either way, INTC just ran that 31.34 resistance level (weekly chart below), so while I wouldn’t chase (buy) it here, I don’t care to short it, at least not at this time. Maybe a buy on a decent pullback to support, assuming the broad market holds up.

BIDU likely to correct here (in time and/or price) in this overbought run into long-term resistance.If it can power through this 137ish resistance, ideally after some consolidation or a pullback first, the next potential long-term target is 182.

Here are my daily & weekly charts of URA. Negative divergence on both time frames, although it is solidly in an uptrend without any sell signals or evidence of a reversal. However, a sell signal would come on a break below the uptrend lines on these charts, quite likely bringing URA back down to at least that 26.26ish support.

I believe the uranium stocks are having a renaissance with the AI bubble leading to huge (current or expected) demand for electricity, with more & more of the mothballed reactors slated to be brought back online. So as long as the bubble grows, uranium stocks should at least hold up (or better), but should it burst soon & burst hard, that will likely put the brakes on a lot of the electric utilities, including nuclear. Either way, charts with levels below.