OXY: Two situations: Bullish Channel
NYSE:OXY Occidental Petroleum Corporation
On OXY we have two situations. Firstly we would have an uptrend if and only if the resistance line is forcefully broken by a large green candle and accompanied by large green volume. Secondly, we would have a bearish trend if the vwap indicator as well as the support line are forcefully broken by a large red candle and followed by a large red volume.Thanks!