Chart courtesy of stockcharts

Shares of Intel were down more than 2.5% on Friday to $26.30 following the bad enviroment in the overall stocks. Stock traded more than 80 millions of shares. Looking at the daily chart stock stock is still trading in a breakout mode after last week after earnings report have broken a key resistance at $26.40. In my opinion, today was just a retest of previous resistance now working as support. It looks INTL should move up from here, so keep an eye on INTC next week. Resistance is at $27 and support at $26.

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