Intel Stock's Downward Spiral: Can Q2 Earnings Spark A Reversal?
Intel Corp INTC will be reporting its second-quarter earnings Thursday. Wall Street expects 10 cents in EPS and $12.94 billion in revenues as the company reports after market hours.The stock is down 14.06% over the past year, -38.83% YTD.Let’s look at what the charts indicate for Intel stock, and how the stock currently maps against Wall Street estimates.Intel Stock Trend Strongly Bearish Ahead Of Q2 Earnings Intel stock is currently in a strongly bearish trend. Its share price of $30.74 sits below the 5, 2 ...