rc9257

$OXY for a new high ?

Long
rc9257 Updated   
NYSE:OXY   Occidental Petroleum Corporation
Will bulls rally up to push this to new highs or fall short. Currently trading at $70.48. Daily Chart resistance around $75.30, than a possible pull back to 70 range or lower before rallying up to higher highs. Trendsi Indicators shows bullish momentum (middle band EMA) currently green. money momentum (white line) moving just above EMA line. Currently a red dot meaning a (sell signal), waiting for opportunity to transition to green dot for a buy order or get into a long position. Overall movement with catalyst and news about oil will send this into a bullish momentum. Will definitely have this on my watchlist.

Trade safe and Trade smart everyone. Happy Trading's.
Trade closed: target reached:
Awesome rise this morning, positions reached 100%

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