$INTC TOP 20
Added 2024-06-23 18:05:10 +0000 UTCNoticeable hold on the 0.78 Fib here since the end of April at $30 but still no follow through but just a consolidation on this line, losing this level and it is likely going to be a harsh drop down to our Wave 5 target and possibly the 2023 low at $24, holding this level and we will need to wait for signs of a reversal before considering a position.
$INTC may be a stock that you would consider at these low levels but need to be prepared to hold for long term as it waits to catch back up with the rest of the standard in the sector, in terms of quality of chips.
RSI is showing bullish signals however.
