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Watch These Intel Price Levels as Deal Rumors Continue to Swirl
IntelIntel(US:INTC) Investopediaยท2024-10-18 14:36

Key TakeawaysIntel shares could appear on watchlists today after CNBC reported late Thursday that the chipmaker is considering selling at least a minority stake in its Altera programmable chip unit.The stock broke above the neckline of a double bottom last month on above-average volume to confirm the pattern, but has since failed to find upside momentum.Investors should watch support levels on Intel's chart around $22 and $19, while keeping an eye on resistance areas near $25 and $30. Intel (INTC) shares co ...