INTC is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If INTC continues in its current trajectory, we could see it reach 25.1157 within the next 3 days.
INTC is approaching a resistance line of a Channel Up. It has touched this line numerous times in the last 49 days.
