Intel gathers positive momentum - Analysis - 25-06-2019

Intel's stock tried to gather momentum to help it rise anew and vent off overbought saturation in the RSI, amid the dominance of the upward short-term wave, with positive support from the 50-day SMA, readying to tackle the resistance of 48.24. 

Therefore we expect the stock to rise, provided the resistance of 48.24 was breached, targeting the next one at 50.0. 

Expected trend for today: Bullish