The world's largest chipmaker benefits from the good performance of its data centers and internet activities to offset a decline in demand for its processors powering personal computers (PC).

Basically, Intel remains credited with good Surperformance ratings for a trading or investment trade. If sales are stagnating this year, margins remain important (around 20% estimate for 2015 and 2016). Analysts covering the share are mainly "buyer" on this stock with an average target price at USD 34.9.

Technically, an inverse "head and shoulders" pattern still give an upward potential for the coming trading sessions. The well-oriented moving averages accredits the buyer's momentum on this stock.

In light of these technicals and fundamentals arguments, a long trade can be initiated on current prices with a first target on the USD 34.9 resistance and then a bullish acceleration towards weekly resistance USD 37.5 (12% potential gain). A stop loss will be positioned under the USD 32 support, threshold that would invalidate the bullish scenario.