Intel returns higher - Analysis - 16-09-2021

Intel's stock (INTC) returned higher with a 1.10% profit in the last session after leaning on the 50-day SMA, while hurt by piercing the downward correctional trend line recently, with positive signals from the RSI.

Therefore we expect more gains for the stock, targeting the resistance of 56.90, provided the support of 52.64 holds on.

Expected trend for today: Bullish