Why is Intel up??
- Thread starter drcha
- Start date
More buyers than sellers
A couple upgrades and some layoffs...add that to the other reasons.
Looks like the leading stocks in its Sector has gone up for morning but has now filled its gap downward and back near its PCL. (Previous Close Level). As you can see now the smaller stocks are still green, but it only took just a few big corporations to bring the entire sector down.
It's moving off trendline support from July. Also has support from 20 SMA.