Trend reversal for Occidental Petroleum soon?
https://www.tradingview.com/x/csQLADQD/
MACD is turning up for daily chart and weekly chart
Since March 2022 - Sept 2024, the price has been moving in this box range, if this time the price could be supported at the lowest point, the reversal of trend is expected
https://www.tradingview.com/x/8Zddw6Qh/
Fibonacci retracement for the long term trend was never more than 0.382 retracement and stay horizontal in the box range.
Support and resistant indicate with red and green lines at the right side
MACD is turning up for daily chart and weekly chart
Since March 2022 - Sept 2024, the price has been moving in this box range, if this time the price could be supported at the lowest point, the reversal of trend is expected
https://www.tradingview.com/x/8Zddw6Qh/
Fibonacci retracement for the long term trend was never more than 0.382 retracement and stay horizontal in the box range.
Support and resistant indicate with red and green lines at the right side
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