INTCINTCIntel Corporation
$59.66
24h
-2.52%
BalderBalder
11 Nov, 17:56

Technical resistance at 64-65

Neutral+2.63%

AI Summary

The author provides technical analysis on Intel, noting that 64-65 is a dense trading zone and a breakout above 65 is required to avoid a short-term top.

Regarding $INTC $INTC 64-65 is an area with extremely high chip concentration. Therefore, you need to see it completely sweep out the chips below 65; only then will there be no resistance as it moves higher. Otherwise, this level will be a short-term top that is difficult to break through.

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