Intel falls amid positive factors - Analysis - 25-05-2018

Intel's stock (INTC) returned lower in the intraday levels, recording a loss of 0.83% in the last session, or 0.46 points, as the stock tries to gather momentum to help it rise anew and tackle the resistance of 55.79, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA. 

Therefore we expect the stock to return higher, provided the resistance of 55.79 was breached, targeting the next one at 58.65.