After gapping lower on a weak revenue outlook, it appears most of the bad news has been priced into Intel (INTC). Plus, it looks like buyers are about to come back in strong. For one, Intel is excessively oversold at lows last seen in April.

Two, it’s oversold on RSI, MACD, Williams’ %R, and Full Stochastics. The last time these indicators were this oversold was in late July, before it ran from about $80 to $105. Before that, it was wildly oversold in August 2025 before it ran from about $19 to more than $40 a share. We’re looking for another bounce back again shortly. Helping, CEO Lip-Bu just bought 150,000 shares of INTC for about $9.71 million after the stock gapped lower.

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