California EDD will continue making payments, as long as you satisfy the requirements of eligibility.
The key issue is whether or not you are able and available for full-time work, and not simply on permanent vacation. Unemp. Ins. Code 1253(c). A permanent move does not disqualify you for benefits -- whereas a vacation disqualfies you for benefits while you are not available to seek full-time employment. Also, you must be able to adjust your compensation requrements to the new labor market. You can't turn down work in Colorado because the wage would have been higher had you been offered the same job in California.
You don't have to tell EDD what you're planning, but you do have to tell EDD when you have actually relocated.
Hope this helps.
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