The Intel (INTC) daily chart shows the following signs:
The Price of INTC made a Long watch movement with the SPAN A of KUMO with little green candlesticks last week. The MACD is near a bullish sign and the RSI is marginally bullish. The Stock is over the EMA200.
I expect that the stock will continue the bullish movement until the first resistance at $28,68. It has the blue long term support line and it regresses into an ascending triangle from 04.02.2014.
The Price of INTC made a Long watch movement with the SPAN A of KUMO with little green candlesticks last week. The MACD is near a bullish sign and the RSI is marginally bullish. The Stock is over the EMA200.
I expect that the stock will continue the bullish movement until the first resistance at $28,68. It has the blue long term support line and it regresses into an ascending triangle from 04.02.2014.