FXAutomate

Intel on a technical cliff's edge

Short
NASDAQ:INTC   Intel Corporation
No matter how you look at it, Intel Corporation is not in a good spot fundamentally nor technically. If Intel loses the 44.50 level of support I expect a rapid sell-off to at least the 38 level. It might pull back from there to retest 44.50 but I doubt it will soon recover this level once it is lost. Additional support will be found @ 36.50

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