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Big movement possible on Intel Corporation after a breach of 46.86

Intel Corporation has broken through a line of 46.86 and suggests a possible movement to 44.60 within the next 2 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 26 days.

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We expect a $0 movement on 6C within 4 hours following the event release at 02 Mar 13:15.

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We expect C to trend upwards today with a 70% chance.

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