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Thursday, January 13, 2011

Intel Corporation (INTC) Stock Analysis 2011

By Tim - http://stockstobuy.org

The following is Intel Corporation (INTC) stock technical analysis for January 13, 2011

Intel Corporation (INTC) Support & Resistance Levels - 1/13/11
Resistance Levels: $22.07, $22.82

Support Levels: $21, $20.55

Chart - http://www.stockcharts.com/

Intel Corporation (INTC) stock spiked afterhours tonight on better than expected earnings. Intel Corp (INTC) will have resistance on Friday located at $22.07 but then nothing until $22.82. INTC will have support around $21 as well as $20.55. Intel then becomes a strong buy below $20.55. Intel Corp should rise back to $23-$24 within the next three months.

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