$INTC TOP 20
Added 2024-07-21 13:44:27 +0000 UTC$INTC had the best week of all of the Semi companies but could not sustain that strength into the close of the week on Friday and started to pull back.
The pull back came right to the 0.618 Fib, it is still undecided whether this is Subwave 4 or Wave A, but a strong pull back like this would suggest Subwave A, so $INTC needs to hold a higher low above $30 now.
$INTC is not in the same cycle as the other Semi's, it has been beaten up since the start of the year so the risks now are reduced, which is why I believed it started the week strong.
Needs to show its strength now before making an attempt to get back to its 200 Day MA.
Comments
Also a beneficiary of the “Trump trade” being a US mfg
Byron Tanigawa
2024-07-21 18:26:09 +0000 UTC
![Jive Faury [SDD Lab]](https://samsuka.com/istorage/43236.jpg)
