INTC Dbl Top + Bearish Engulfing + Divergence @ Key Resistance

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INTC Dbl Top + Bearish Engulfing + Divergence @ Key ResistanceIntel CorporationBATS:INTCGutta_CEO_Intel (INTC) is showing multiple high-probability bearish signals on the weekly chart: • Clear Double Top formation near the $140 zone. • Strong Bearish Engulfing candle this week, rejecting the highs with conviction. • Bearish Divergence on RSI (price making higher highs while RSI makes lower highs). This is a classic reversal pattern developing at a major resistance area. If we break below the neckline (around $99), it opens the door for a deeper move toward $85 -$80 zone. The combination of Double Top + Bearish Engulfing + Divergence makes this one of the cleaner bearish setups in big tech right now. #INTC #DoubleTop #BearishEngulfing #BearishDivergence #Semiconductors