$INTC TOP 20
Added 2023-10-23 19:45:28 +0000 UTC$INTC has taken a big hit today, wider than the market decline on the news that the $NVDA is making Arm-based PC chips which is a challenge to $INTC's market share.
$INTC lost its contract from $AAPL recently too and this has not helped $INTC over the last year.
So $NVDA is trying to expand its TAM here and is taking advantage of $INTCs weakness lately.
I added this yesterday and said that 4 rejections at the trend line is not a good sign but it was able to hold higher lows....they have lost the higher lows today so the trend is looking bearish now.
Let's see how $INTC handles the 200 Day MA at $32 shortly.
