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Trend_Trader_JSE

Occidental Petroleum Corporation strong uptrend

Long
Occidental Petroleum Corporation (NYSE:OXY)  
Trend_Trader_JSE  
NYSE:OXY   Occidental Petroleum Corporation
Trend Analysis Chart Patterns Technical Indicators OXY occidentalpetroleum longsetup
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trendanalysis chartpattern indicator oxy occidentalpetroleum longsetup
OXY is resuming with the uptrend. The price is back above the 50EMA, implying a semi-strong trend. Keep in mind that the XOP is also above this level, showing strength in this sector.

I'll be adding to my existing position with a stop loss at $28/share.

Remember to practice sound risk and money management.

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