Intel Corporation (INTC Stock): Running Above Q3 Revenue Guidance

Intel Corporation (INTC Stock): Running Above Q3 Revenue Guidance

1
Intel stock price closed at $36.61 with a gain of 4.18% during the last intraday trading session.
2
INTC stock has crossed above all the major exponential moving averages.
3
The year-to-date return of Intel Corporation is 35.37%.
Intel (INTC) stock has been printing bullish candles for the last six days, rising from the support level of $32.50. The share gained bullish momentum during early July but the move was halted as the price touched $37. 
INTC stock price retraced and corrected the bullish move. Recently, the stock formed support at $32.20 and reinitiated its bullish journey. The previous candle was successful in breaking and closing above the resistance level of $35.70.

Source: INTC Stock Price By TradingView.
If the bulls can break the major resistance level of $37, Intel stock price might rise toward the next resistance level of $40.40. While, on the other hand, if the price rejects $37, it might retrace back toward the $32

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We współpracy z: https://www.thecoinrepublic.com/2023/09/03/intel-corporation-intc-stock-running-above-q3-revenue-guidance/

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