Intel Daily Technical Analysis | 6 December 2017
2017-12-06 07:48 am | Resource: Technical Analysis Section | No Views : 307
It is worth noting that the simple, fast moving crosses negatively with the slow moving average, which supports the US electronic hardware stocks.
Momentum The rate of change is trading in a bearish direction on the hourly interval and below the zero level.
It is expected that, as long as the American stock is trading below $ 43.84, the stock may target 41.27 on the other side, if the breach of 45.14 might target 46.41 areas.
Support: 43.84 - 41.05 - 39.02
Resistance: 45.14, 47.17, 48.04
US stock markets began the last trading session of the week slightly higher after the media reported that Washington is ready to grant temporary tariff exemptions to 437 Chinese products. At the same time, another report claimed that the United States would not remove import tariffs on auto parts made in Japan as part of the expected trade agreement. In business news, Apple launched. The new iPhone 11 series worldwide.…
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