The price of shares of the giant in the field of development and sale of electronic devices and computer components Intel Corp. is trading in a correction trend in the area of 24.00.

A fall is possible.

On the daily chart, the downward correctional second wave of the highest level (2) and the wave C of (2) develop. On the four-hour chart, the fifth wave v of C and the fifth wave of the lowest level (v) of v of C are forming. If the assumption is correct, the price of the asset will fall to the area of 15.00–11.00. In this scenario, the critical stop loss level is 24.00.