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Intel Corporation has broken through support of a Rising Wedge. It has touched this line at least twice in the last 6 days.

Intel Corporation has broken through the support line of a Rising Wedge. It has touched this line at least twice in the last 6 days. This breakout indicates a potential move to 57.86 within the next 6 hours. Because we have seen it retrace from this positions in the past, one should wait for confirmation of the breakout before trading.

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