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Big movement possible on Intel Corporation after a breach of 46.16

Intel Corporation has broken through a line of 46.16 and suggests a possible movement to 43.20 within the next 3 days. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 45 days.

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