INTC overreacting

INTC dropped hard and it seems it could drop even lower. But the volume profile looks abnormal, I think we will se a lot of trading volume between 49$ and 45$.
The bounce point is only a suggestion, we need to watch the price movement over the next days. Long term I see the compnay back up to $53, the highest value point.
Fundamental Analysisoverreactionrangetrading

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