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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: #Breeze who wrote (20249)	9/4/2024 11:14:28 AM
From: Kirk ©	Read Replies (1) \| Respond to of 26631

Thanks for your patience. Kirk, here's a INTC Wave Count Update. I've update the chart I last posted. In that post I projected a target of 18.58. The low so far has been 18.84. Close enough for a Bingo. If prices decline below 12.05 this wave count will be invalidated. Does that mean the current count says the 88% retrace and now testing of the low from last week is a bottom and the most likely direction is higher? Or does it mean we flip a coin and the count would still be valid if it drops to 12.05 and is invalid at 12.04? Often you show higher and lower targets on charts so when you do not, then does that mean you think this is a turning point but there is not enough wiggle data to project the next wave, up or down from that turning point?