What we want to see here with $INTC is capital moving from $NVDA and $AMD to $INTC now to catch Wave 5 higher.
This is not a clear cut proposal and the sector may get dragged down now but $INTC's chart remains healthier than $NVDA and $AMD right now in the short term, especially as it holds above the blue line at $42.30.
My count remains as shown.