INTC is going from $50 to $85 in the first quarter of 2024

There was a clear Eliott Wave abc correction between 2020 and 2022 that found a very strong support around $28 level and MA200 Monthly which acted as a support since 1980s.

Price consolidated for a year around $30 level and just broke out and gained momentum pushing through resistance like through a butter.
The momentum and trend are clearly established and won't stop until new ATH around $80-$85 levels is reached.

What will happen once ATH is reached? No idea, but so far it's a strong buy.