Intel's stock fell in the intraday levels, while settling below 48.30, representing the ratio 38.2% of Fibonacci retracement levels for an ascending wave in the medium term (from 33.25 to 57.60, recording thereafter a loss of 0.96% in the last session, or 0.46 points, with negative signals from the RSI, coupled with negative pressure from the 50-day SMA. 

Therefore we expect more losses for the stock, as long as the resistance of 48.30 holds on, targeting the support of 45.42, which represents the ratio 50% of the same retracement levels. 

Expected trend for today: Bearish