OCCIDENTAL PETROLEUM CORP

NYSE

OXY

OXY could be headed for the little, red boxes. How do I know? It's very simple. So I noticed a pattern of options expiring at resistance or support. The red boxes are options expiration dates. The hypothesis of this experiment is to plot options expiration dates against key support and resistance levels along a predetermined path extrapolated from earlier moves.

1 TARGET 50 $ 2 TARGET 55 $

"Energy-stock valuations have come down this year and are below their long-term average. And many industry players are responding to investor pressure to rein in capital spending, curb supply, boost returns, and pay out more to shareholders in dividends and stock repurchases," Andrew Barry. Looking to trade the short-term reversal.

"Energy-stock valuations have come down this year and are below their long-term average. And many industry players are responding to investor pressure to rein in capital spending, curb supply, boost returns, and pay out more to shareholders in dividends and stock repurchases," Andrew Barry. Short-term trading opportunity on OXY.

Fundamental trade: Dividend since 1970, even with canceling dividend next year saving the company 2.5 Billion for debt payments Fueling the snapback, contrarian move => too much negativity. Board Members share purchase, Revenue and Earnings are rising since 2017 Technical: extreme Oversold on Monthly/Weekly Chart, Chanel resistance, should reach 80 by the first...

OXY is currently in a long term downward channel and testing the bottom of it. The severe decline in price over the last few years is plummeting OXY into MAJOR support. This confluences with the downward channel, and we are likely (in my opinion) to see a trend change soon to test the top of the downward channel as long as the support holds. OXY, as well as all...

Las empresas del crudo experimientan un pequeño incremento . Debido a la pequrña recuperacion del meecado ... eso haria q rl precio viniera a buscar la MA 150 ...

Last time price was this low was in February 2009. With global growth worries as banks across the globe started to cut rates this summer, oil prices took another blow and stock of Occidental followed. A major level is at $40 where a great risk-reward buying opportunity, if the level holds. On the technical side, stock is oversold on indicators and waiting for the...

This chart shows a clear 3-year BULL market (08-11) followed by a long 8-year BEAR market. We see this trading at the bottom of the long bear channel, and in-fact, it looks like it broke through that channel and is on the way to the supports marked at 44 and then 40. I hold this long, am down since my initial purchase, and am reinvesting my dividends. I see...

If CUP AND HANDLE condition met, expect BULLish Pattern after beginning of 2020 !! First Published IDEA!!

Simply testing.

- At major support level - Double bottom - Seem to be in range - Earnings is OK and 2 bull bars at support - Gained when broad market was down

Waiting for my laguerre RSI and Gann to give me the final confirmations from my algo, once it crosses the red line I will enter. Warren Buffett just pledged 10 billion for OXY to takeover APC so this is essentially a news play. I'm bullish on OXY for the rest of the year.

Feeling a snapback to $67.00 in about a week or so

Oscillators on the down. Some bullish resistance on the current candlestick, may or mat not lead to anything.

Due to the resurgence in oil prices over the past month, we see OXy as having great potential rewards for investors. Currently trading at a 12 P/E and at the same price as 2016 when oil was 50% less in price, this looks like a sure bet.

Upward oscillators and EMA (8, 21) crossing over

copy of old layout