$INTC TOP 20
Added 2024-09-08 11:10:34 +0000 UTC$INTC sold off with the Semi sector and lost all of its momentum when they revealed that they are exploring options to split the company into different parts to free up value
They also revealed they will sell all of their position in $MBLY which is down to $11 now, a lot of the gains they had made here are likely dwindling greatly now too
Price is back to the 0.887 Fib at $18 now and losing this level and the price is into the Bear Case
$INTC is in the Buy Zone right now, which means there is a lot of value available right now for those who are prepared to hold for long term, the short term is certainly going to be difficult but they will weather this storm
I think it would be difficult to deny taking advantage of $INTC, even for a small position if low teens are hit.
