Intel gathers positive momentum - Analysis - 12-10-2017

Intel's stock (INTC) fell in the intraday levels, recording a loss of 0.88% in the last session, or 0.35 points, as the stock tries to gather positive momentum to help it rise anew and vent off the overbought saturation in the RSI, with the dominance of the upward trend in the medium and short terms, coupled with positive support from the 50-day SMA. 

Therefore we expect the stock to return higher, targeting the resistance of 39.87 anew.