Intel can rebound from these levels
The Tech giant Intel down more than 15 % since the report of there earnings, so now I think that we have some space to go Up from here, it still a very strong company. According to chart above INTC is in a very oversold conditions and looks like MACD histogram is turning up, so we can rebound from this lows, the volume also have decreased in the downside, so keep attention in this stock.
Today hot stocks
Alcoa - Was upgraded by JP Morgan to "overweight" from “neutral.”
GM - GM board may vote for a dividend cut at its meeting Monday.
That's All. Have a great evening !!!!
AC