Description
⋅ OXY here on a weekly trendline
Bullish here at $56 to target 90.81 within a few months
Personally grabbed Jan 2025 calls
I think we either get a DIRECT bounce from this spot, OR we see a failed breakdown scenario first, but ultimately the target is the same.
Trade active
⋅ posted a new updated chart and idea however same play here the long at 56 in a multi year pennant now getting ready to breakout
Trade active
⋅ OXY continued strength coming up to test the multi year breakout line at 72-74
The JAN 2025 calls as mentioned are doing well.