$INTC TOP 20
Added 2024-04-21 18:45:16 +0000 UTC$INTC I have added in 5 waves down here in red as a corrective wave because the price action came within $0.20c of the invalidation line on Friday after the sector sell off.
$INTC is not the leader in this sector and it falls under the influence of the larger hitters like $NVDA, it has also lost its 50 and 200 Day MA now and showed no support cutting through the 200 Day MA too.
Losing $34 and I have this coming down to $31, before a relief bounce and then moving lower towards its 52 Week low blue line at $25.
Unless $INTC does something tomorrow in the PM, I can't see how this holds.
