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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 60.97 and 55.75. If the stock breaks down through support at 60.97 then it will probably continue lower to 55.75. The stock will meet resistance at 62.88 and 68.59. If the stock breaks up through resistance at 62.88 then it will probably continue higher to 68.59. The 200-day moving average is at 52.06. This will also act as support. The stock is slightly overbought according to the Stochastic Indicator (65.24).”
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