$INTC TOP 20
Added 2024-04-14 18:53:18 +0000 UTC$INTC was uploaded during the week to highlight the negative catalyst from China, which said that Telecom carriers should phase out foreign chips such as $INTC and $AMD.
I believe $INTC took this harder as $AMD has not lost its Wave 4 level or its 200 Day MA....whereas $INTC has lost the 200 Day MA and the 0.5 Fib, the 0.618 Fib really needs to come to the defence of the bulls or the $34 level will invalidate the impulse wave.
Right now the impulse count is still the dominant structure but this catalyst is certainly a concern.
