Could Intel (INTC Stock) move towards the 41.50 level?

AAATrade Team AAATrade

Today’s instrument is the Intel Corp.’s stock traded in NASDAQ exchange under the ticker INTC.

When we look at the INTC ‘s chart, we see that it has been in an upward trend in the past days, currently traded at the closed price of around $40.55.

Today if failed to continue that upward trend, then we could expect it to drop towards its support level at around $37 otherwise it should rise towards its resistance level at around $41.50.

Author

AAATrade Team

AAATrade

The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.

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