Intel: Expected To Drop Towards Its Support Level At Around $37
Today’s instrument is Intel Corp.’s stock traded on the Nasdaq exchange under the ticker INTC.
When we look at the INTC ‘s chart, we see that it has been in an upward trend in the past few days, currently traded at the closed price of around $40.55.
Today if failed to continue that upward trend, then we could expect it to drop towards its support level at around $37 otherwise it should rise towards its resistance level at around $41.50.
(Click on image to enlarge)
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