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[Music] good good evening everybody its Scott gella from Shadow Trader the shadow Trader short video tonight I want to take a look at Intel weve got a gap and go on the way down for the past 8 Days earnings is now due out on 425 and as you note from the Fibonacci just broke the 78.6 level with a potential to drop further yet take a look at the long-term trend line we tagged that on Friday and I do not believe with the pending earnings and the way this has taken a big drop that there is a lot more downside so its looking as though the major down draft has happened and is maybe ending at this point weve got a catalyst that makes me think that and thats the company called asml Alpha Sierra Mike Li they are going to report earnings on the 17th of April which is going to be as expected a lot better than their prior quarters Now intel is the number one uh recipient of those asml chip making masks and that should have a catalyst to the upside in my opinion on Intel so how do we trade thi
