Intel Stock Eyes Potential Turnaround as Investors Watch Key Resistance Levels

Intel`s stock is under scrutiny as the company plans to announce asset sales and spending cuts to improve its financial status. Despite a recent surge in share price, potentially indicating a positive trend reversal, Intel`s stock has significantly declined since the beginning of the year due to poor earnings and company restructuring. Investors should monitor specific share price levels, particularly those around $25, for insights into potential future stock performance.