hey guys,
intel is stuck in a classic horizontal indecision range.
the price is coiling within a 6 dollars range for more than 1 months and to clarify its future direction we need a breakout.
both scenarios are equally possible and we should be prepared for a bullish and for a bearish violation.
in case of a bearish daily breakout,
the price will drop lower to 53.0/49.3 levels
in case of a bullish daily breakout,
the price will grow to 64.0/67.3 levels
good luck!
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