$INTC TOP 20
Added 2023-03-16 14:31:18 +0000 UTCBehaving like an outlier at the moment after bouncing on the blue previous low line support, the waves are within the same range since Sept last year so a lot of work needs to be done to break out of this range. The count is not impulse by nature yet and Wave 4 can typically have an extended wave count ABCDE, 200 Day MA above just at the previous high now. Will be watching if this breaks out above but I am expecting resistance here.
Semi's have been showing resilience lately and we have noted this with $NVDA but I struggle to see where the buyers will come from for this industry to completely go against the market by itself.
