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.
This content is for informational purposes only and is not intended to be investing advice.
