INTC further downside

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INTC further downsideIntel CorporationBATS:INTCAutoace1010I believe we are currently at the possible neckline break. The yellow line down is the target based on taking top of pattern to neck and then projecting a breakdown of the same range. The blue highlighted box is a gap - confluence with patter breakdown target. The gray box below is .618 off a fib retracement tool. Further justification for a breakdown. Volume is relatively low so bulls are not fighting much. RSI is showing a downtrend as well. I believe we have confluence for a leg down across the pattern, gap, fib retracement, and RSI supporting.