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OXY rising from buying zone after fall from Head and Shoulders
Occidental Petroleum Corporation
Pembelian
OXY rising from buying zone after fall from Head and Shoulders
Oleh AwesomeAvani
Ikuti
Ikuti
Diupdate
6 Nov 2022
4
3 Nov 2022
OXY
Warren Buffett's favorite new acquisition is now in an uptrend
and following somewhat of an ascending wedge.
This appears to be a good swing long setup with a
Stop Loss of
71.6
at the recent pivot low and a
Take Profit at the neckline of the head and shoulders pattern which signalled
the downtrend at
73.83
. I will trade this with the call options
expiring 11/18 with the strike of 73.
6 Nov 2022
Trade aktif
OXY popped on Friday as did its call options. Took a partial and look for
more action in the upcoming week.
Head and Shoulders
Triangle
Volume
AwesomeAvani
Ikuti
Pernyataan Penyangkalan
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