INTC - a third month higher

Whilst the broader market ended the month moderately weak, there was notable strength in Intel (INTC), which closed +1.0% @ $34.79. November saw the third consecutive net monthly gain of +3.5%. Next upside target are the $37s.


INTC, daily

INTC, monthly

Summary

Suffice to say, a third month higher, and INTC remains one of the leading Dow/Tech stocks out there.

It lead the way down from mid May... and it lead the way up from the Aug' low.
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The $37s look viable by mid/late January. The big $40 threshold does not look viable until March/April.