$INTC TOP 20
Added 2023-01-15 16:36:17 +0000 UTCLike we have said for a number of weeks now, Semi's are performing at a different stage to other large tech stocks. INTC is looking very strong here, it has pulled back very nicely to what could be Wave 2, bounced and took off!
My only concern is that there hasn't been any meaningful pull back since the bounce, if this does not happen, we could be looking at another Baba case, where we are in fact in Wave C as shown.
Bull case is above $32, if we see some structure, whereby a break into the bull case and it shows a retest of support above the bull case, even buying at $32, I think this is a good price.
