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[December 27, 2012]
Intel (INTC) Crosses Pivot Point Support at $20.55
Dec 27, 2012 (SmarTrend(R) News Watch via COMTEX) -- Shares of Intel (NASDAQ:INTC) have bearishly opened below the pivot of $20.74 today and have reached the first support level of $20.55. Should the shares continue to fall, the support pivots of $20.45 and $20.16 will be of interest.
Over the past year, Intel has traded in a range of $19.16 to $29.27 and is now at $20.65, 8% above that low. Over the last five market days, the 200-day moving average (MA) has gone down 0.3% while the 50-day MA has declined 0.2%.
Potential upside of 11.9% exists for Intel, based on a current level of $20.65 and analysts' average consensus price target of $23.10. The stock should run into initial resistance at its 50-day moving average (MA) of $20.75 and subsequent resistance at its 200-day MA of $24.70.
SmarTrend is monitoring the recent change of momentum in Intel. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Intel in search of a potential trend change.
Write to Chip Brian at email@example.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit
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text:
What's your favorite place to eat?
Lodi Beer Company. I like their food and the beer is pretty good. (Favorite is Marzen lager.) I like their burgers and fish and chips.
Favorite outing in or around Lodi?
There's a couple of things. I like to go to the movies with my wife, and go wine tasting around here. I like Abundance Vineyards on Turner Road and Macchia Winery (in Acampo), those are probably my two favorites.
Favorite place to browse or shop?
I love going to Lowe's, I like to do woodworking and build stuff. Right now I'm building a wine cabinet, and I've got some other wine storage stuff that I've built. So I go down there to get my wood and my tools.
One thing not to miss on a tour of Lodi?
The Downtown area, the way it's been fixed up. There are places to eat and the theater, and the wineries. The Downtown is probably the best to check out.

subset: commoncrawl