$INTC TOP 20
Added 2024-01-29 00:15:58 +0000 UTCMany people were surprised with $INTC's reaction to their earnings report this week.....except this group, we wondered how it would drop so low to our Wave C target in order to complete Wave 4 but as always, the market delivers. I believe the reaction has presented an opportunity here.
If $INTC can hold above this blue line at $42......then I believe this is an attractive buy to catch the next leg up.....we have seen how fast $AMD has been moving and I don't think its impulse wave is complete and that is the same for $INTC and $NVDA.
Watch for the hold at $42.
Comments
How many days do you wait to confirm it held $42?
Dan L
2024-01-29 15:16:27 +0000 UTC
