Intel recently rose with the sharp upward gap – reaching both of the buy targets that were set in our previous report for this company (28.50 and 29.00). The latest upward price impulse 5 broke the upper resistance trendlines belonging to two daily up channels from February of this year and August of last year respectively. Last Friday’s closing price stands near the resistance level 30.00.
If Intel breaks above 30.00 – it can be expected to rise further to the next buy target at 31.00 (forecast price for the completion of the currently active primary wave Ⓒ).
Intel recently rose with the sharp upward gap – reaching both of the buy targets that were set in our previous report for this company (28.50 and 29.00). The latest upward price impulse 5 broke the upper resistance trendlines belonging to two daily up channels from February of this year and August of last year respectively. Last Friday’s closing price stands near the resistance level 30.00.
If Intel breaks above 30.00 – it can be expected to rise further to the next buy target at 31.00 (forecast price for the completion of the currently active primary wave Ⓒ).
The post HY MARKETS News: Stocks Report:Intel Corporation appeared first on | HY Markets Official blog.
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