INTC is currently in the $44-$45 range, an area where it has bounced since 2018. High probability of bouncing again as it has already held this area even when SPY hit the 2022 low of year (so far) @ $405. This indicates strong demand in this area that bulls are likely to protect.The ultra conservative play here would be to set limit orders and for the supply zone marking the yearly highs from 2014-2017, and hoping for a dip that low. This seems unlikely unless
SPY breaks below the low of $405. 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.