Intel is correcting after another minimum renewal and trading at the prices of September, 2017.
Roaming around the Fibonacci retracements of 23,6%, the price has headed to the level of 38,2%.
The next quarterly report will be released on July 28. Until that moment the price could possibly reach the Fibonacci retracements of 38,2%, 50%, and even 61,8%.
That means, in the short-term there is a possibility of some Intel’s growth.
Also, today is Monday which is a good day for the company, because on Monday we often observe the growth of shares for the first 45 minutes of the opening.