INTC has broken through a line of 23.6600 and suggests a possible movement to 24.2670 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 35 days.
If you’re short INTC you should be aware that 23.6600 has just been breached – a level tested 4 time in the past
