Charts on INTC, LOCO, OXY


INTC off nicely from the high, but still looking for lower to fill out a nice right shoulder in an IHS as wave 2.
LOCO reports after close. It is not clear if wave 4 has completed yet, but overall LOCO still needs a 5th wave down before a potential bottom.
As long as OXY hold 68.40s it should head into the upper reaches of the previous measured move yellow box
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