Watch These Intel Stock Price Levels Amid Tariff-Induced Price Swings
Key Takeaways
- Intel shares soared Wednesday amid a huge rally for chip stocks after President Trump announced a 90-day pause on many of the tariffs that had rattled financial markets.
- Wednesday’s bullish reversal saw the stock reclaim the September low, potentially setting the stage for follow-through buying.
- Investors should monitor key overhead areas on Intel’s chart near $25 and $35, while also watching a crucial zone of support between $18.50 and $17.
Intel (INTC) shares soared Wednesday amid a huge rally for chip stocks after President Trump announced a 90-day pause on “reciprocal” tariffs.
The stock may also be attracting interest following reports the chipmaker tentatively agreed to form a joint venture with Taiwan…
