$INTC is another stock that has been following our chart and has held an important level going into next week.
$INTC may be called upon by $NVDA to help with demand and this could be a very lucrative position for $INTC and prove to the market that they are on the same level as $NVDA.
A hold at the blue line and First Target and the bulls can bring this up to our Wave 5 target.
The next test will be at the 50 Day MA at $46 but needs to hold the blue line at $42 first.