Occidental Petroleum Corporation OXY

IvanLabrie

I scooped some long term OTM calls here, gives me 10.5% notional exposure to oil via $OXY, risking 1% of my portfolio if the trade fails. Seems like a good way to be exposed to the big and steady trend in oil, I have already banked my other energy positions and oil futures options, this is a good way to stay exposed with minimal risk (since the weekly oil target...

FriscoTrades

OXY looking flaggy and peaking above volume resistance, watch for continuation this week. Conversely, similar to July 6th's action, watch for sellers to step in for a move back down to 27 zone... My bias is to the upside, especially given oil and natural gas prices , could see a blow out ER in two weeks...

nurseblood

OXY has been nicely bullish since last fall. It had a great run from Oct '20 to Dec '20 nearly tripling in price. That is where the daily fibonacci extensions were drawn on the left-side. On the right side, Fib extensions were drawn from August low to last week. What is interesting about the August low (also the yearly low as well) is that it nearly perfectly...

ntourney777

Short to around the 50 EMA with high resistance where it’s currently at and showing weakness after open.

stoplossew

Entry line yellow Tg line green Stl red Entry line yellow Tg line green Stl red Thanks

Rykin_Capital

We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...

EverydayTrade

Really like this name and the Oil / energy sector as a whole RN I will manage the book as we go. REMEMBER: buy dips sell rips...

adoringDiamond70790

Target 41 just we need to pass the blue line. Enjoy the trip

StonkDonkeyz

$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...

ismartinvesting

as long as oil is $70+ a barrel oxy is going back to the old prices bullish on this one and long

zhasan92hz

OXY breakout

gekkohot

Monthly UTREND BREAKOUT 010621 Weekly UPTREND since 231120 Daily UPTREND since 070521 Pivot 27.90 Long positions above 27.90 for 48.13 and 62.66 Short positions below 27.90 for 21.08 and 9.60 youtube

TechnicallyCorrect

NYSE:OXY had a breakout bar today to finish a cup and handle pattern right on top of the 200 EMA.

avoleoo

Correction in time followed by the beginning of the next impulse. Close if the day will show if it's a good candidate for long. Thank you.

linamahe

Trade price: $29.29 Take profit: $42 Stop loss: $26.83 R/R: 1 to 6 Very solid company, good oil prices. Economy reopening will increase oil demand.

JBGECE

Keep eye on this for the next few months.

mvnicosia

$OXY breakout to $32. With the rise in Oil prices, this will be a winner!

sparrow_hawk_737

All energy stocks are coiling like crazy. WTI is the verge of a breakout to the 70s and possibly much higher into the fall.