By Tim - http://stockstobuy.org
The following is technical analysis of Intel Corporation (INTC) stock for August 26, 2010
Intel Corporation (INTC) Support & Resistance Levels - 8/26/10
Resistance Levels: $19, $19.88
Support Levels: $17.50
http://stockcharts.com - Chart
Intel Corporation (INTC) stock reversed higher from the low $18's on Wednesday. Intel is now back in the $17.50-$19 low area which has been the trading range during the past year. It seems as though every time Intel stock falls below $19, investors start buying shares for both the short term and the long term. I continue to view Intel stock as a buy below $18.25 just like I said a few days ago.
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