INTC - 4h - Starting to close the gap
The stock is starting to close the gap
Intel Corp. (NASDAQ: INTC) has seen its stock price surge, fueled by competitor takeover bids, pushing it past the key resistance level of 22.00 USD.
Following a disappointing Q2 2024 earnings report, Intel's stock dropped over 30%, leaving a notable gap on the chart.
The recent break above 22.00 USD suggests the possibility of continued upward momentum, potentially closing this gap.
The next significant resistance level to watch remains 29.00 USD, marking the target for further growth.
Intel Corp. (NASDAQ: INTC) has seen its stock price surge, fueled by competitor takeover bids, pushing it past the key resistance level of 22.00 USD.
Following a disappointing Q2 2024 earnings report, Intel's stock dropped over 30%, leaving a notable gap on the chart.
The recent break above 22.00 USD suggests the possibility of continued upward momentum, potentially closing this gap.
The next significant resistance level to watch remains 29.00 USD, marking the target for further growth.
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