$INTC TOP 20
Added 2024-10-13 18:17:54 +0000 UTC$INTC has pulled back to the 0.5 Fib so far and has since bounced and is moving back up to the 0.78 Fib at $24, which is also a support/resistance line.
If the price action can convert this level to support then we could be seeing signs of a reversal here
If the price action rejects at $24 then I would expect a pull back to the green 0.618 Fib at $20.88, where this level needs to hold to maintain this impulse wave, under this level and $18.50 is next.
Reminder, $INTC is still in the Buy Zone now.
