Intel filling upward gaps, 50% + potential

Updated
Intel is objectively making very low prices. Be fearful when others are greedy and greedy when others are fearful.

Intel is planning on releasing new GPUs in mid 2024, smart move in these crypto & ai filled times. From what we know, the new GPUs should be able to compete with NVDIA and AMD, giving Intel the space to expand more into this booming sector.

tomshardware.com/news/intel-arc-gpu-roadmap-2022-2023-leaked
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Added possible strong trend line. The red lines indicate gaps to be filled.
Trade closed manually
Pretty sure we're heading into recession so that's why I'd currently leave this trade.
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