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Big movement expected on Intel Corporation after a breach of the resistance

Intel Corporation has broken through a resistance line of a Channel Down and suggests a possible movement to 67.06 within the next 9 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 6 days.

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Resistance line breached by SPX500. This price has been tested at least twice before.

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US Treasury Bond MARCH 2020 has broken through the support line of a Support. It has touched this line numerous times in the last 6 days.

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