Watch These Intel Price Levels as Stock Plunges on Weak Earnings, Soft Guidance

Key TakeawaysIntel shares plunged 19% in extended trading Thursday after the chipmaker reporter results that missed Wall Street’s estimates, issued soft guidance and unveiled a $10 billion cost-cutting plan that includes slashing 15% of its workforce. Monitor these crucial chart levels.The stock has continued to trend sharply lower on above-average volume since breaking down from an ascending channel in April.Intel shares may attract bargain hunters at historically significant price levels including $26, $2 ...