NASDAQ:INTC   Intel Corporation
Seems like the news on chip vulnerability didn't cause too much trouble to the company's stock.

Price went down as anticipated in a previous analysis (see related ideas) but the price pretty much held the first support (dotted line) traced on the previous analysis.

Long-term Moving Averages results bearish although MACD is bullish with reducing volumes.

My take is that the value will keep oscillating around the 43$ value, waiting for further news to be unveiled.

Related Ideas

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.