The breakout of Intel Corporation through the resistance line of a Channel Down could be a sign of the road ahead. If this breakout persists, we expect the price of Intel Corporation to test 51.49 within the next 17 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing resistance twice in the past, Intel Corporation has finally broken through. Can we expect a bullish trend to follow?
