# Intel Share Price Jumps On New CEO Live Trading News is an independent financial media publication. Masthead: Live Trading News. Parent: Knightsbridge Group. Product cousin: KXCO (kxco.ai). Coverage: markets, policy, AI, quantum, blockchain, FX, biotech, ASEAN. New stories are signed ML-DSA-65 and anchored on Armature L1; articles published before the platform launch are not signed. Nothing on the site is investment advice. Canonical HTML: https://www.livetradingnews.com/intel-share-price-jumps-on-new-ceo Last modified: 2021-01-13 --- By Shayne Heffernan · 2021-01-13 Tags: Shayne Heffernan on Investments, Stocks, Headline News, Top Stories, Intel, Shayne Heffernan, US Stocks, Shayne Heffernan Signed: no (published before platform launch). Nothing in this article is investment advice. A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area (e.g., a moving average, trendline, or price resistance level), the long black candle adds credibility to the resistance. Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area. During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles. During the past 50 bars, there have been 30 white candles and 20 black candles for a net of 10 white candles. A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow). This usually implies a continuation of a bullish trend. There have been 4 rising windows in the last 50 candles--this makes the current rising window even more bullish. #Intel are surging Wednesday after the company said it would be replacing Swan with VMware Inc. Chief Executive Pat Gelsinger. Intel’s stock INTC is up nearly 8% in morning trading, while VMware shares are off 4%. Intel said in a release that the announcement “is unrelated to Intel’s 2020 financial performance” and that the company expects to exceed its fourth-quarter revenue and earnings guidance. Intel closed up 3.945 at 57.185. Volume was 129% above average (neutral) and Bollinger Bands were 46% wider than normal. ![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg) ![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg) ![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg) Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the bullish or bearish trend reflected in the lower ribbon. ### Summary Intel gapped up today (bullish) on normal volume. Possibility of a Runaway Gap which usually signifies a continuation of the trend. ![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg) Four types of price gaps exist - Common, Breakaway, Runaway, and Exhaustion. Gaps acts as support/resistance. Intel is currently 7.0% above its 200-period moving average and is in an upward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. Our volume indicators reflect volume flowing into and out of Intel at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on Intel and have had this outlook for the last 6 periods. Our momentum oscillator is currently indicating that Intel is currently in an overbought condition. ![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg) Overall, the bias in prices is: Upwards. ![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg) A big black candle occurred. This is bearish, as prices closed significantly lower than they opened. If the candle appears when prices are "high," it may be the first sign of a top. If it occurs when prices are confronting an overhead resistance area (e.g., a moving average, trendline, or price resistance level), the long black candle adds credibility to the resistance. Similarly, if the candle appears as prices break below a support area, the long black candle confirms the failure of the support area. ![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg) During the past 10 bars, there have been 6 white candles and 4 black candles for a net of 2 white candles. During the past 50 bars, there have been 30 white candles and 20 black candles for a net of 10 white candles. A rising window occurred (where the top of the previous shadow is below the bottom of the current shadow). This usually implies a continuation of a bullish trend. There have been 4 rising windows in the last 50 candles--this makes the current rising window even more bullish. --- This Markdown mirrors https://www.livetradingnews.com/intel-share-price-jumps-on-new-ceo. The HTML page is canonical. Site index for AI clients: https://www.livetradingnews.com/llms.txt