Intel Corporation has broken through a resistance line of a Triangle and suggests a possible movement to 49.74 within the next 13 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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Supports and resistances are primary concepts of technical analysis. BIDU is heading for an important price of 87.4850 – read about what this could mean for the future.
BIDU is en route to a very important line that will be a definite deciding factor of what…