DoujinStars
The Long Investor
The Long Investor

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$INTC TOP 20

$INTC broke the cardinal sin of not holding the breakout level on the retest

Price broke above the blue range top line at $24.60 and the 200 Day MA and on the retest, support was almost non-existent and the price sank with the Semi sector and dropped deep into the Consolidation range, so the price can continue moving sideways in this range for the foreseeable.

I do believe there is limited downside if $18 is lost.

$INTC TOP 20

Comments

Surely you’ll be posting a picture in the future with little circles on all those points price touched $18. Hopefully as a look back to a great and long gone opportunity.

Nick E


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