Stocks

Intel faces strong resistance - Analysis - 10-08-2018

2018-08-10 13:29:36 GMT (Economies.com)

Intel's stock added 0.36% in the last session, or 0.18 points, while still weighed down by breaching the upward trend line recently in the short term, with negative pressure from the 50-day SMA, countered with positive signals from the RSI. 

 

Therefore we expect the stock to return lower, especially if it settled back below 48.50, targeting the support of 43.10. 

More Analysis

Risk Disclaimer : MetaPlace Limited would like to remind you that the data provided in this site is not necessarily in real time or accurate. All stock prices, indices, futures and foreign exchange rates are not provided by exchanges but by market makers, so prices may not be accurate, may differ from the price of the actual market, which means that the quotes represent an indication and are not suitable for commercial purposes. Therefore MetaPlace Limited does not assume any responsibility for any business losses that may be incurred as a result of the use of this data.