$INTC is catching no love here, no relief bounce and no attention either as it struggles to hold on the $30 level, with the 50 Day MA moving down quickly to this level, I suspect it will act as a further resistance level and push the price action down further, $24 can not be ruled out either or possibly lower.
This has been made even more bizarre considering the sector continues to hold or move higher.
$AMD's set up is a lot stronger and holding at an important Fib level.
Minus0
2024-06-19 14:49:27 +0000 UTC