$INTC TOP 20
Added 2023-07-02 19:30:10 +0000 UTCI think $INTC is testing everyone's patience as the chart is starting to look messy and murky.
Not a chart you search for with a clear set up and be confident to add a large position too.
For me, there are too many red flags and if I was going to buy any Semi company right now, I much prefer $AMDs set up as the count has been flawless and very easy to read.
$INTC is still struggling to decide whether or not it wants to be bullish or bearish.
For me, that makes the decision easy, stay away until the trend is clear or wait for this to enter the buy zone.
Bull case line in green is clear, a break above here and the impulse wave is confirmed, rejection and we get 5 waves down.....simple right?
