$INTC TOP 20
Added 2024-07-28 18:58:57 +0000 UTCVery poor performance from $INTC to finish the week but the entire sector felt this enormous pressure, led by $NVDA's harsh decline.
$SOXL also confirmed it was in an ABC correction too....so although an outlier can exist here, $INTC could not sustain its early performance in the week
Back below the 50 Day MA now and coming very close to the red line which confirms that the impulse wave attempt could not hold.
Losing $30 and this is likely to move down to $24.....holding $30 and it could consolidate again, as it did since April
Not a buy for me right now.
