Good job.. now let's watch it continue to fall tomorrow.. Here's an analysis by one by Midnight trader..:Intel (INTC): Stock touched an early after-hours high of 23.19, but it was quick to retreat into the red, maintaining declines between 22.50 and 21.80 through the late first-half and mid-session of night trade. It bottomed out at 21.36 deeper into the evening as it settled near 21.50. A pre-market open Friday may have potential in the 21.60 to 21.30 area. INTC has recorded 14 quarters over the last 35 in which it posted an earnings-driven after-hours decline. In five of those events it recorded a more aggressive downside move the following regular session. The lack of downside follow-through would have us cautious on the short side of INTC early on Friday. In fact, longs may want to watch for potential floors to form in the low-21s and perhaps take advantage of any possible bounce in the shares. On the short side, selling was most aggressive Thursday night at 22.50 to 22, levels to watch for a possible ceiling to form. More risk tolerant shorts may want to test the waters closer to 22 to 21.70, an area where the shares are likely to open below and where a potential early day top could hold.
Price: 21.39, Change: -1.29, Percent Change: -5.7