币界网报道：Intel (INTC) Stock Update – Negative 18A News Leads to Bearish Crash Intel stock fell 4.25% yesterday to close at $21.88 on a key announcement: the company may stop marketing its advanced 18A chipmaking process and focus on its 14A technology due to low customer interest. This decline came despite strength in the broader semiconductor sector – notably, the SMH ETF was up nearly 2% on the same day. This divergence signals significant relative weakness, a key factor for short-term and swing traders. We recently did initial video coverage on Intel stock, which laid out the bigger picture of the technical analysis situation. Here’s a follow-up story. Key Technical Developments on the INTC Price Chart (4-Hour Timeframe) Breakout Below Value Area High (VAH): The value area high (marked 6) for the sideways range that began after August 2024 earnings is $22.86. INTC closed well below that level, nearly $1 lower, confirming a failed breakout and a return to the value zone. Failed breakout above the red resistance line: We previously noted that two consecutive 4-hour candles closing below the red resistance line would invalidate the bullish scenario. This has now occurred, although the first candle was of very small magnitude. Nonetheless, the technical damage is evident. Failed support: Price broke below the VAH (value area high) of the consolidation range, below the red resistance line, and even below the middle line of the purple channel. Bears have regained control and will remain in control as long as prices remain below $22.50. Next level to watch Short-term support: Bottom rail of the ascending purple channel. Medium-term target: Point of Control (POC) at $20.20 – a fair value area with heavy historical volume. Long-term buy zone: Around $19.17, which is the value area low of the larger consolidation range (blue line). Strategic Advice for INTC Stock If You Hold a Position: Conservative traders may want to exit now, even if the stop loss level has not technically been breached. Hesitant to exit? Consider selling half to reduce your exposure, a classic way to manage uncertainty while keeping upside in case bulls unexpectedly regain control. This case illustrates that news alone (such as yesterday's seemingly important news from Intel) does not determine direction. Price action determines direction. Bad news accompanied by a bad price reaction in a stock means bad. Good news accompanied by a good price reaction means good. Lack of price reaction to good news, or lack of price reaction to bad news - usually, both mean that the news is not significant. Regardless, Intel's failure to hold a key breakout level, especially when peers are rising, is more telling than the news itself. Stay tuned for further updates on INTC as it approaches deeper support areas and the market reveals more information. Invest and/or trade INTC stock at your own risk.