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Intel Corporation (INTC) “On a long-term technical basis, the stock (INTC) is trading above its 200-day moving average which implies it is in a positive trend.
The stock has support at 58.80 and 55.75. If the stock breaks down through support at 58.80 then it will probably continue lower to 55.75. The stock has resistance at 59.13. The 200-day moving average is at 51.45. This will also act as support. The stock has broken out of its long-term downtrend and is looking more positive recently. If the stock can form new support above 58.80 look for a rally to previous highs. The stock is neutral according to the Stochastic Indicator (58.15).”
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