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stephanelibatd
Dec 9, 2020 3:08 PM

OCCIDENTAL PETROLEUM CORP VIEW Short

Occidental Petroleum CorporationNYSE

Description

Hey guys, OCCIDENTAL PETROLEUM CORP is in an uptrend with a high volume of purchases issued early in the session on a return at the end and traces made by sellers. Looking at the TIMEFRAME M1 we see an inverted hammer candle with an end of past sales volume returns. It is heading to its last previous low to make a downtrend reversal. There is a good chance of testing the range to breakout with the price to join another range. Then go to the top that follows to test again the range for breakout and arrival on the top of the bullish channel.
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