Intel is neutral

Pivot

35.30

Our preference

Short positions below 35.30 with targets at 30.00 & 27.00 in extension.

Alternative scenario

Above 35.30 look for further upside with 41.40 & 44.00 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

Supports and resistances

44.00

41.40

35.30

30.57 Last

30.00

27.00

24.80

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