The chart is a 3 box reversal Point and Figure chart.
The chart is based on daily high and daily low prices.
The chart is a 2% logrithmic chart, ie each chart box represents
a price change of 2% of the value of the box above or below it.
Three possible support prices and five possible resistance prices
are shown, as well as the support/resistance lines.
A 'resistance' or 'support' point is a price where an issue's upward
or downward price movement may 'stall'. The ultimate result of the 'stall'
may be either a continuation or a reversal of price movement, depending
on whether there are more or less sellers than buyers at the specific price
INTC is trading within an overall bearish trading channel. INTC
is currently in a downtrend column ('O'). Support may be seen at points
S1, through S3. If the current downtrend column ('O') reverses into
an uptrend column ('X') then resistance may be seen at points R1 thru R5.