A clear consolidation sideways nows between the 0.78 Fib at $24 and the 0.887 Fib at $18 since July.
As long as the price continues to move in this range then I think this is a good area to accumulate for long term but for me, $AMD, $AMSL, $NKE and $PYPL offer better values right now in their own consolidation range.
$INTC simply does not have the quality of chips to encourage me to start a position here.