Intel Corporation Trend May Be Changing as Price Just Breached Below Its 20 Day Moving Average

2 mins read

The Daily View for Intel Corporation Currently, INTC’s price is up $0.19 (0.31%) from the day prior. This move is a reversal from the day prior, which saw price move up. From a daily perspective, the market looks fairly choppy; clear trends aren’t showing up on the 20, 50 and 100 day timeframes. Price action traders may also wish to note that we see a doji candlestick pattern on Intel Corporation. Given that we see an uptrend on the 20 and 10 daily candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting. Most noteworthy…

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