Intel update.

In this post I incorrectly labeled the middle peak below as the start of the crash.  The chart since morphed into that wave simply being A, then a test of the support line for B and then another strong move up into C.  My updated model is below.  I think we are working on a small 2nd wave which will peak much sooner than shown below and then come crashing back down through the green support line.  Once that happens and holds for at least 2-3 trading days, the risk of shorting it is greatly diminished because then you will likely have a head and shoulders break down. the target to $21 shown below is generous.  The target is really below $20.