Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and...
You can buy it Target 68.41 stop loss 54.43 money management is your responsibility I recommend entering a maximum of 10% of the portfolio. good luck
$OXY is looking like a bullish setup into next week. Extremely strong hourly buy signal.
Update on previous charts, no difference, but this 3rd wave down should be a strong one to catch. USOIL should bottom after the markets do, probably after CPI on July 13. A=C gets you to the mid 80's
OXY has developed a strong trend line in solid white The dashed trend line is a slightly weaker trend line A small drop and support bounce will lead price to new highs
I'm not saying this doesn't go higher eventually, but a pullback to 42 area (breakout zone) looks likely first. Aligns with my view on oil.
INVESTMENT CONTEXT Lithuania limited railway cargo transit across its territory from Russia to Kaliningrad; Russia dubbed the move as "openly hostile" Russia overtook Saudi Arabia as China’s biggest supplier of crude oil. Russian crude exports to China surged 55% in May Turkey, Sweden and Finland met to discuss Turkey's opposition to the Nordic...
A lot of Volume kicked in at Oxyperp, And all indicators switched to sell mode. Were selling from here on. sl 0,0730 No financial advice! make sure to follow us for more!
Rather than look at XLE or the energy sector as a whole - looking at an integrated Oil and Gas company with more volatility gives us a better picture of the environment. There are obviously severe worries of a recession - hence the breaking of correlation between OXY and OIL futures the past couple days. With oil futures falling as well, the backdrop sets a fairly...
Oxy is in a downtrend and will see belo $60 soon with a potential to hit around bottom of the price action which is around $53 soon. IMO. Please trade safe as this is not a financial advixe
Occidental Petroleum Short Term - We look to Buy at 55.37 (stop at 50.76) Trading within a Bullish Channel formation. We are assessed to be in a corrective mode lower. Our expectation now is for this swing lower to continue towards the bottom of the trend channel, to complete a correction before buyers return. Earnings news could provide a good catalyst for...
Another one flagging that I am watching to the upside., Could easily see $78.50 It has to break $64 resistance though
Looking for this one to go to 78$ at first. Positive earnings last few quarters and good looking volume pattern indicate a potential breakout is imminent. The wave count suggests we are finishing a wave 4 of higher degree wave iii.
- Interesting project - Looks like it is printing an adam and eve pattern
Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and...
Setup: Oxy just got rejected off the 4h 20 EMA. On higher timeframe, Oxy also looks bearish, adding confluence to our chart Entry: When Macd crosses down SL: 1 Atr above the 20 EMA( for a aggression trade) or 1 ATR above the 50 EMA( for a safer trade) TP: Recent swing low at 0.21 or Ride the trend
#CDEV #WTI OIL IS BACK ON THE TABLE, political pressure and Russia self-suicide leadership may revive the american oil industry. The world needs oil and it needs it now! Let's see if this fallen companies can do monster profits this year
Occidental Petroleum Corporation ( NYSE:OXY ) Sector: Energy Minerals (Oil & Gas Production) Market Capitalization: 40.143B Current Price: $42.98 Breakout price: $41.55 (hold above) Buy Zone (Top/Bottom Range): $41.50-$38.40 Price Target: $39.20-$40.50 (Reached), $48.40-$50.60 (2nd) Estimated Duration to Target: 80-83d (2nd) Contract of Interest: $OXY 5/20/22...