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Stock Of The Day: Where Will The Intel Rally End?
Benzinga· 2025-09-25 14:41
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 $36 level. Hence, Intel is our Stock of the Day.As you can see on the chart below, 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. ...