American Stocks Analysis

Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.

Intel extends gains - Analysis - 19-10-2020

Economies.com
2020-10-19 11:16AM UTC

Intel's stock rose 0.58% in the last session with positive pressure from the 50-day SMA, coupled with positive signals from the RSI despite reaching overbought levels. 

 

Therefore we expect more gains for the stock, targeting the resistance of 56.68, provided the support of 51.98 holds on. 

 

Expected trend for today: Bullish 

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