Today we’ll analyze the stock Intel (INTC) for online market trading,
Technical indicators to notice in Intel (INTC)
1- Last bearish trend was from 23.87$ (6/5/2008) to 21.81$ (6/11/2008) a 2.06$ move
2- The current bullish trend started from 21.81$ at 6/11/2008 and is currently trading at 22.85$.

3- INTC current support level is at 22.84 which is the 50.00% fibonacci retracement of the last 2.06$ move.
4- INTC current resistance level is at 23.08 which is the 61.80% fibonacci retracement of the last 2.06$ move.
5- According to ADX, the trend is currently bearish,which is becoming weaker.furthermore, the ADX location between DMI+ and DMI- is hinting on a strong move ahead. the stock is very volatile at this point.
Intel (INTC) Short term chart patterns :

6- The Stock was resisted by a resistance line, identified by two points: 23.87 and 25, and is currently resisting at 23.0008.
Intel (INTC) Mid term chart patterns :

7- The Stock formed Double Bottom Pattern at 20.57.
Intel (INTC) Long term chart patterns :

8- The Stock was resisted by a resistance line, identified by two points: 25 and 27.65, and is currently resisting at 24.4509.

Conclusion:
Intel (INTC) was trading in a bearish wave, which is becoming weaker .
Technical indicators and chart patterns show highly volatile movements favoriting bullish direction,
recommend stopping short positions or entering long position or bullish spread options strategy , because of the high expected future volatility, consider constructing symmetrical options strategies for buying volatility through strangles or straddles.
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Resistance Levels: 23.00, 23.08, 23.64, 23.87, 24.43, 24.45, 25.12, 25.14, 25.83, 25.85, 26.83, 27.14, 30.68, 31.05, 31.14, 31.59, 31.63, 31.68, 57.16.
Support Levels: 22.84, 22.60, 22.60, 22.45, 22.33, 22.30, 22.21, 22.16, 21.81, 20.87, 20.84, 20.16, 20.14, 19.81, 19.77, 17.88,.