Intel surrounded with negative signals - Analysis - 24-09-2020

Intel's stock fell 2.26% in the last session amid negative pressure from the 50-day SMA, with the dominance of the downward correctional trend in the medium and short terms, with negative signals from the RSI. 

Therefore we expect more losses for the stock, targeting the support of 46.95, provided the resistance of 51.98 holds on. 

Expected trend for today: Bearish