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...
OXY STOCK LONG
ENTRY 1 $10.20 & ENTRY 2 $9.80
SL $8.00
Take Profit 1 $18.00
Take Profit 2 $28.00
Take Profit 3 $38.00.
A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a rebound, another drop to the same or similar...
OXY STOCK LONG
ENTRY 1 $11.50 & ENTRY 2 $13.00
SL $8.00
Take Profit 1 $18.00
Take Profit 2 $23.00
Take Profit 2 $28.00.
Take Profit 3 $34.00
Occidental Petroleum Corp. engages in the exploration and production of oil and natural gas. It operates through the following segments: Oil and Gas, Chemical, and Midstream and Marketing. The Oil and Gas segment explores...
