Intel - Chart Analysis

Ticker Symbol: INTC

Intel Chart Analysis

Support

Intel held support near $15 after issuing in line guidance on October 14th, but broke under a week later. Through the end of October and the beginning of November, the tech giant was unable to find support until the middle of the month. On November 20th, Intel hit a 3-month low of $12.33 and has not retested since.

Resistance

Intel failed to break through resistance (Established on October 16th) of $15.88 on October 20th and again on October 28th. INTC broke above resistance on October 30th and until November 4th.

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