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Chart of the Day: INTC
Manage episode 507293066 series 3645668
Intel (INTC) shares soared to 52-week highs on news that Nvidia (NVDA) would invest $5B in a new partnership between the two semiconductor companies. Rachel Dashiell examines the technical conditions for Intel after the breakout saying $33 will likely act as near-term resistance, with $28 as short-term support. Zooming out to a 1-year timeframe, she says the RSI Momentum study is confirming the upside move saying $37 could be a projected upside move based off of previous performance.
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7478 episodes
Manage episode 507293066 series 3645668
Intel (INTC) shares soared to 52-week highs on news that Nvidia (NVDA) would invest $5B in a new partnership between the two semiconductor companies. Rachel Dashiell examines the technical conditions for Intel after the breakout saying $33 will likely act as near-term resistance, with $28 as short-term support. Zooming out to a 1-year timeframe, she says the RSI Momentum study is confirming the upside move saying $37 could be a projected upside move based off of previous performance.
======== Schwab Network ========
Empowering every investor and trader, every market day.
Subscribe to the Market Minute newsletter - https://schwabnetwork.com/subscribe
Download the iOS app - https://apps.apple.com/us/app/schwab-network/id1460719185
Download the Amazon Fire Tv App - https://www.amazon.com/TD-Ameritrade-Network/dp/B07KRD76C7
Watch on Sling - https://watch.sling.com/1/asset/191928615bd8d47686f94682aefaa007/watch
Watch on Vizio - https://www.vizio.com/en/watchfreeplus-explore
Watch on DistroTV - https://www.distro.tv/live/schwab-network/
Follow us on X – / schwabnetwork
Follow us on Facebook – / schwabnetwork
Follow us on LinkedIn - / schwab-network
About Schwab Network - https://schwabnetwork.com/about
7478 episodes
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