02.02.2015 - The price of Intel is rapidly falling

Intel's stock price after the consolidation within the triangle has broken its bottom border and sharply decreased to support located at 33.00. At the moment, there is a possibility of the price rebound to the level of 35.25 and closing the gap. In case of continued fall and fixing the price below $ 33.00, the price is more likely to reach the psychologically important level of 30.00. Despite the likelihood of the price rebound, we expect a drop in prices in the medium term.

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