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Intel Corp (INTC) Crosses Pivot Point Resistance at $65.09

Apr 05, 2021 (SmarTrend(R) News Watch via COMTEX) --
Shares of Intel Corp (NASDAQ:INTC) opened today above their pivot of $64.33 and have already reached the first level of resistance at $65.09. Should the shares continue to rise, the resistance pivots of $65.62 and $66.91 will be of interest.

Intel Corp has overhead space with shares priced $0.00, or 100.0% below the average consensus analyst price target of $60.56. The stock should run into initial resistance at its 200-day moving average (MA) of $53.73 and subsequent resistance at its 50-day MA of $60.99.

Over the past year, Intel Corphas traded in a range of $0.00 to $67.44 and are now at $0.00. The 200-day and 50-day moving averages have moved 0.16% higher and 0.77% higher over the past week, respectively.

SmarTrend is tracking the current trend status for Intel Corp and will alert subscribers who have INTC in their portfolio or watchlist when shares have changed trend direction.

Write to SmarTrend at cs@mysmartrend.com

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