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

2018-08-10 13:29:36 GMT (

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. 

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