INTC a buy?

Well to be honest I have lost a trade with INTC backed in March 2024 when I thought it was a bullish trade.

However, looking at the weekly chart now, INTC have experienced a significant dropped and is now trading below its intrinsic value.

Though INTC have been losing its competitive advantage and moat, I have taken a swing trade on this setup as I believe it will be having a reversal soon. I do not believe in holding INTC for the long terms but it is definitely tempting to swing trade it for the short term.