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Breach of 48.78 could mean a start of a bearish trend on Intel Corporation

Intel Corporation has broken through a line of 48.78. If this breakout holds true, we could see the price of Intel Corporation heading towards 47.26 within the next 2 days. But don’t be so quick to trade, it has tested this line numerous times in the past, so you should probably confirmation the breakout before placing any trades.

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