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d.vezeris
May 26, 2014 1:12 PM

Intel Corp Daily (26.05.2014) Chart Technical Analysis Long

Intel CorporationNASDAQ

Description

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.
Comments
Technician
Great One.
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