Intel driven lower by current resistance - Analysis - 15-03-2021

Economies.com
2021-03-15 12:29PM UTC

Intel's stock (INTC) fell 0.65% in the last session after the resistance of 63.25 held on, while gathering momentum to boost it higher anew, while trading alongside the upward short-term trend line, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI.

 

Therefore we expect the stock to rise and target the pivotal resistance of 68.00. 

 

Expected trend for today: Bullish 

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