Intel share price hasn't been this low since 2015

12 October 2022 89
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Intel shares fell yesterday to a seven-year low of 24.87. The low was updated, but the day-end closing was higher by 1.2%. Probably, such low prices are gradually attracting more and more people who want to bet on a quick upward rebound.

 

There are many prerequisites for the rise: in addition to updating the lows of 2015, a Doji Star reversal pattern formed, and the RSI fell into the oversold zone again. The obvious target is to close last week's gap at 27.

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