Why is Intel up??

Discussion in 'Stocks' started by drcha, Sep 16, 2013.

  1. drcha

    drcha

    I don't pay much attention to macro stuff. Someone please tell me: why is Intel up?
     
  2. More buyers than sellers :D
     
  3. FXforex

    FXforex

  4. A couple upgrades and some layoffs...add that to the other reasons.
     
  5. 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.
     
  6. It's moving off trendline support from July. Also has support from 20 SMA.