Intel Stock Just Surged Through Its 50-, 20-Day Moving Averages. Should You Buy INTC Here?

Intel (INTC) shares have pushed higher in recent sessions as investors await the company’s launch of new PC processors at the annual CES event set to officially kick off on Jan. 6. The said rally has pushed INTC past two of its major moving averages (20-day and 50-day), which is often interpreted in technical analysis as a bullish signal. More News from Barchart Versus its April low, Intel stock is up a whopping 120% at the time of writing. www.barchart.com Is It Worth Buying Intel Stock Here? INTC ...