
Current snapshot shows that it did in fact move down to the neckline very quickly even though not with a gap. Also, the neckline is still holding support so perhaps there will be a small bounce and then a gap down through it. In any case, it is still my primary model that the Intel chart will break down. I have to go with that until I get evidence to the contrary. A move above $33 would be sufficient contrary evidence to greatly question if this will actually break down.
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