INTC - Falling into the Gap

INTC (Intel) is looking decidedly bearish on the daily. Just breaking into the gap at 42.67 that has served as support twice over the last month.

We have a series of lower-lows/lower-highs since the peak on 12/20.

If this level does not hold then next support is at 41.58.

Back on January 3 we were hoping for a bullish outcome to the consolidation.



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