Stock Of The Day: Where Will The Intel Rally End?
Shares of Intel Corporation (NASDAQ: INTC) are trading sideways Thursday after the company announced that it was seeking an investment from Apple Inc. (NASDAQ: AAPL).If the shares continue to move ahead, there is a good chance the rally stalls or reverses if it reaches the 26 level was resistance for Intel.The stock first had resistance there in November 2024. After selling off, it rallied back to this level in February. ...