INTC breakout continues; price targets top of parallel channel ($142.19) by Oct 12 despite near-term resistance.

Also continued breakout on Intel. Now, I did have this on the show on Thursday illustrating this was at breakout watch. We didn't get the follow through on Friday, but goodness gracious, we got it today with price pushing up through this gap fill. had a little bit of resistance there, but I see as far as a longer term run on Intel, guys, it looks like we're going to be marching for the top end of this parallel that's been holding price since January of 2023. You can see we pierced the top end range not far uh ago in June 30th, but near-term resistance as far as tomorrow and the following couple days will be right here on this inclining trend line with tomorrow at 12876. But then beyond the next couple days, you see how that extends out further, bringing closer and closer to the top end of this parallel channel that ends up here at $142.19 by October 12th. But if this momentum continues, we may just have one day of pause and then maybe a gap up over that to get to the all-time highs and the top of this parallel. Should see a lot of resistance up here at the top of the chart when and if price action barrels up to that level.