$OXY about to Death Cross for the 1st time since 11/2018 and approaching the bottom of uptrend that's been holding since 3/2022
Calls over $64.02, $65.96
Target $64.54
Puts under $61
Target $60.75, $59.73
$OXY Trade Idea
Bullish Engulfing and close above 50EMA on daily
Calls over $66.02
Targets: $67.05, $70.25
$Puts under $63.78
Targets: $62.94, $62.22, $60.75
NYSE:OXY
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...
$27 puts expiration 8-20 a price target $22!!!!! Big breakdown on the Ichimoku plus we have parabolic SARS appearing bearish. We have MACD crossover and sitting below the 200ma. Can’t have very much more stacked in your favor. If your on a budget $25 puts for 8-20 are only around $90. If u want to go even cheaper u can try selling the $22 put for 8-20 while...
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...
OXY STOCK LONG
ENTRY 1 $14.00
ENTRY 2 $11.75
SL $8.75
Take Profit 1 $17.75
Take Profit 2 $21.75
Take Profit 2 $26.75
Take Profit 3 $36.75
Take Profit 4 $50.75
Take Profit 5 $64.75
