Intel Corporation is in making of Chips for the PCs and Cars and variable electronic devices. It is one of leading brand in Semiconductors Chip manufracturing in all over the World. And leading company in terms of revenue.
If you falling the chart of Intel, then you get to know that stock already corrected 45% from it's high. Or can say it became half in term of market capatalisation.
Monthly Technical Chart -
Below is the montly chart of Intel Corp. Here you can see Intel is already broke it's Important level of 43.60 level on monthly chart. that's the one of the reason of it's badly fall. Another support for the Stock is visible at 37.50-33.60 Zone. Here Intel might find it's support and can bounce back to it's previous support which became resistance now at 43.60 level.
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