Intel readies to attack important resistance - Analysis - 21-03-2018

Intel's stock (INTC) rose in the intraday levels, scoring a profit of 1.42% in the last session, or 0.72 points, and attacking the important resistance of 53.21, amid positive pressure from the 50-day SMA, with the dominance of the main upward trend in the short term. 

Therefore we expect more gains for the stock, targeting the resistance of 53.21, as long as it settles above 50.83.