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Monday, March 28, 2011

Intel Corporation (INTC) Stock Analysis 2011

By Tim - http://stockstobuy.org

The following is Intel Corporation (INTC) technical analysis for March 28, 2011

Intel Corporation (INTC) Support and Resistance Levels - 3/28/11

Resistance Levels: $21.15

Support Levels: $19.70

Chart - Courtesy of www.stockcharts.com

Intel Corporation (INTC) is trading back above $20 again and the stock continues to be a strong buy below $21. Intel Corp (INTC) will have support on the downside around $19.70 as well as $19.50. INTC will have resistance on the upside located at $21.15 which is the 50 day moving average. If Intel can close above this level, I think it could can rally back up to $22 resistance.

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