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Watch These Intel Stock Price Levels Following Reports of Possible Deals
IntelIntel(US:INTC) Investopedia·2024-09-23 03:00

Key TakeawaysIntel shares will likely remain in the spotlight on Monday following reports of an acquisition approach by Qualcomm and a possible $5 billion investment from asset manager Apollo Global Management.Since gapping sharply lower in early August, Intel shares appear to be carving out a double bottom, a classic chart pattern that signals a potential trend reversal.Friday’s rally occurred on the highest trading volume since an early August gap, suggesting healthy buying conviction behind the move.Inve ...