Intel may rise to 27.20 - 29.20

17.6 is our pivot point.

Our preference

Short term rebound towards 27.2.

Alternative scenario

Below 17.6, expect 14.2 and 12.2.

Comment

The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 22.3615 and 28.261).

Supports and resistances

31.3 **

29.2 *

27.2 **

25.1

20.54 (USD-last)

18.9

17.6 **

14.2 *

12.2 **

Number of asterisks represents the strength of support and resistance levels.