INTC. Intel

intc june 21 2018

Back in the year 2000 this stock had peaked in the low seventies. Since then it has spent 18 years trying to get back up there. Since the initial low around $14 or so the stock has been working its way through an a-b- correction. The b leg made a new low. What you are looking at above is a c wave diagonal or wedge.  It should normally break down right back to the start or even lower.