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Occidental Petroleum Corporation

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OXY seems ready to jumpOXY seems ready to jump When we look at the daily chart for NYSE:OXY , we see a classic descending wedge structure. The price has been making lower highs for months, but the volume and price action suggest we are approaching a massive breakout point. But the key point, a clear resistance has been formed near $34,50. We are not just guessing on a direction. We are trading a setup that carries a historical success rate of 81% according to this specific pattern. The Trigger: The $43.50 Level The biggest mistake novice traders make is entering too early. They buy now because it looks cheap only to watch the price reject the resistance line and fall back toward the lows. We do not gamble on hope. We wait for confirmation. The level of $43.50 is our line in the sand. This area represents a key horizontal pivot. A solid close above this price is the signal that the ceiling has been removed and the path to higher prices is open. The Execution Plan A trader always knows where to enter, where to exit if they are wrong, and where to take profits. Here is my plan for OXY: Entry Trigger: Wait for a confirmed close above $43.50. Do not chase the price. Risk Management: To protect your capital, the stop loss should be placed below the recent consolidation lows near the $41,50 mark. If the price falls back below this level, the breakout thesis is no longer valid. Price Targets: First Target: $48.00 (Psychological resistance and previous pivot zone). Major Target: $55.00 (The primary technical objective where the largest concentration of previous supply sits). Stop listening to the noise and start reading the price action. NYSE:OXY is preparing for a significant move. If you have the discipline to wait for the $43.50 barrier to break, you are trading with the probabilities on your side. Stick to the plan, manage your risk, and let the market do the rest of the work. 👇 WANT MORE? 🚀 Hit the rocket , read my profile and follow so we can find each other again :)
NYSE:OXYLong
by TopChartPatterns
4
Occidental Petroleum Corporation (NYSE: OXY)Based on a technical and fundamental analysis of Occidental Petroleum Corporation (NYSE: OXY), the stock's recent move above its 50-day Simple Moving Average (SMA) signals a potential shift to a near-term bullish trend. This technical strength, combined with key strategic corporate actions, provides a clear framework for establishing a profit-taking target at the 0.236 Fibonacci extension level of $46.44. Technical Rationale for the $46.44 Profit Target: The primary technical catalyst is the stock's decisive break above the 50-day SMA, a widely watched indicator of intermediate-term momentum. This breakout suggests that buying pressure is overcoming previous resistance and that a new upward trajectory may be establishing itself. The $46.44 target is derived from Fibonacci extension analysis, which projects potential resistance levels based on prior price swings. The 0.236 level often acts as the first significant extension target in a new trend. Reaching this price would confirm the strength of the current breakout and potentially unlock movement toward higher Fibonacci levels. Fundamental Catalysts Supporting the Upside Move: The technical breakout is occurring within a supportive fundamental context, providing credibility to the upward projection: Strategic Portfolio Optimization & Debt Reduction: The recent completion of the $9.7 billion sale of the chemical business is a transformative event. This massive influx of capital is earmarked for debt reduction, which will significantly strengthen the balance sheet, reduce interest expenses, and improve financial flexibility. This deleveraging is a powerful fundamental driver that can lead to a re-rating of the stock by credit agencies and value-oriented investors. Core Operational Focus on the Permian Basin: The company's strategic focus on its high-margin, low-cost assets in the Permian Basin provides a foundation for stable cash flow generation. This focus, coupled with contributions from inorganic acquisitions, positions OXY to benefit efficiently from supportive oil prices. Beneficial Geopolitical Tailwinds: While Occidental has no direct exposure to Venezuela, the broader geopolitical tensions and U.S. policy shifts regarding the country's oil industry have lifted the entire sector. As a major U.S. producer, OXY benefits from the general positive sentiment and potential for tighter global oil supply dynamics. Analyst Sentiment and Risk Considerations: It is important to note that recent analyst actions have been cautious, with both UBS and BofA maintaining 'Neutral' ratings while slightly trimming price targets (to $43 and $44, respectively). Their stance reflects a balanced view, acknowledging the sector's improved outlook for 2026—driven by better commodity fundamentals, M&A, and efficiency gains—while perhaps waiting for more concrete evidence of debt reduction and sustained free cash flow generation. Therefore, the $46.44 target represents a bullish scenario that exceeds current conservative analyst projections, implying that the market may start pricing in the full benefit of OXY's strategic moves ahead of analyst upgrades. Conclusion and Trade Management: In summary, Occidental Petroleum's stock presents a case where improving technicals (50-day SMA breakout) are converging with a pivotal fundamental event (chemical business sale). The identified profit-taking target of $46.44 offers a measurable objective based on Fibonacci principles, representing a logical next resistance zone. Achieving this level would validate the bullish breakout thesis and likely coincide with visible progress in balance sheet improvement. Investors should monitor the stock's ability to hold above the 50-day SMA as support; a failure to do so would weaken the technical premise. Successfully navigating to the $46.44 target would demonstrate that the market is rewarding Occidental's strategic focus and strengthened financial posture.
NYSE:OXYLong
by KalaGhazi
Occidental Petroleum's bearish setup points to near-term weaknes Current Price: $42.43 Direction: SHORT Confidence Level: 62% (Based on trader consensus leaning bearish, mixed but cautious X sentiment, and recent inability to break key resistance) Targets: - T1 = $41.60 - T2 = $40.80 Stop Levels: - S1 = $43.40 - S2 = $44.20 **Wisdom of Professional Traders:** Several professional traders are indicating a bearish leaning for Occidental Petroleum this week. The collective trader consensus highlights weak cash flow at current oil prices, recent asset divestments, and resistance around the $44 level as key factors limiting upside. By pooling these perspectives, it's clear the trading community sees the balance of risk tilted to the downside in the short term. **Key Insights:** Here's what's driving this call: most trader analyses are focusing on how Occidental's recent earnings miss (net income down over 25% YoY) weakened sentiment, and multiple hedge funds have trimmed positions. The trading crowd is pointing out that oil remains under pressure and Occidental needs prices above $45/barrel to comfortably sustain dividends. Recent asset sales to Berkshire Hathaway are seen as long-term strategic moves but not an immediate earnings driver. What's also interesting is that X sentiment, while containing bullish voices, has a slightly higher proportion of bearish posts calling for caution. That mix shows traders are getting defensive rather than chasing upside. With price failing to hold above $44 multiple times in recent weeks, resistance is proving stubborn. **Recent Performance:** Over the past week, OXY has slipped 1.59% and struggled to maintain gains despite a 2.12% monthly rise. It tested the $43.20 zone but quickly reversed, showing sellers stepping in near resistance. The stock is also down roughly 17% over the past year, pointing to a broader weak trend that hasn’t materially reversed since early fall. **Expert Analysis:** Multiple professional traders I track have identified $44 as critical resistance. They see the repeated failures there as a sign that short-term momentum is fading. Chart-wise, the support area around $41 has been tested but not convincingly broken yet — the main call is that if $41 gives way, $40 becomes the next natural target. Fundamentals add weight: revenue dropped nearly 8% year-on-year, and operating expenses have ticked up. On the flip side, those bullish argue company debt reduction and renewable energy investments could pay off longer term, but they admit short-term risk is elevated. **News Impact:** Recent headlines about large institutional shareholders cutting positions reinforce bearish sentiment. The asset sale to Berkshire Hathaway was well-received strategically, but for traders looking at the next week, reduced positions from Fisher Asset Management and Mirabella send a cautionary signal. Morgan Stanley's price target cut to $51 adds to the cautious tone, even if the long-term fair value remains higher. **Trading Recommendation:** Here's my take: the setup favors a short move from current levels, aiming for $41.60 this week and $40.80 if momentum accelerates. Resistance at $43.40 and $44.20 are key stop zones to manage risk. Position sizing should be modest given mixed social sentiment but lean into the professional trader consensus on short bias. If $41 breaks, be ready for a quick run towards $40.
NYSE:OXYShort
by CrowdWisdomTrading
OXY - Strong potential for bullish mean-reversionNYSE:OXY is looking at a potential break to the upside and likely to see strong bullish upside as bullish marobozu is testing the bearish gap resistance zone. Furthermore, the stock has also broken out of the downtrend line. Long-term MACD is back in action as both MACD/signal line is rising steadily from the bottom and histogram is positive. Volume remain in a healthy expansion. We expect the stock to reach 55.38 and 80.00 over the longer-term period.
NYSE:OXYLong
by William-trading
Occidental Petroleum (OXY): A Powerhouse in Energy with Major UpOccidental Petroleum (OXY) is one of the largest oil and gas producers in the U.S., with a highly integrated operations model spanning upstream, midstream, and chemical segments. ✅ 🏆 Key Highlights: Strategic CrownRock acquisition significantly enhances scale and proved reserves. Strong cash flow generation – $11.4B operating cash flow (2024) supports dividends and debt reduction. High leverage to oil prices – earnings potential increases substantially if oil trends upward. Attractive valuation – potential undervaluation based on assets and cash flow power. 📌 Mid- to Long-Term Outlook: With the integration of CrownRock and continued debt reduction, OXY is positioned for improved profitability. Its performance remains closely tied to oil price movements and deleveraging progress. 🔍 Important Note: This analysis is based on publicly available data and should not be considered financial advice. Always conduct your own research and adhere to your personal trading strategy.
NYSE:OXYLong
by NYSE_TechFund
Occidental Petroleum Stock Chart Fibonacci Analysis 082525Trading Idea 1) Find a FIBO slingshot 2) Check FIBO 61.80% level 3) Entry Point > 46/61.80% Chart time frame:B A) 15 min(1W-3M) B) 1 hr(3M-6M) C) 4 hr(6M-1year) D) 1 day(1-3years) Stock progress:A A) Keep rising over 61.80% resistance B) 61.80% resistance C) 61.80% support D) Hit the bottom E) Hit the top Stocks rise as they rise from support and fall from resistance. Our goal is to find a low support point and enter. It can be referred to as buying at the pullback point. The pullback point can be found with a Fibonacci extension of 61.80%. This is a step to find entry level. 1) Find a triangle (Fibonacci Speed Fan Line) that connects the high (resistance) and low (support) points of the stock in progress, where it is continuously expressed as a Slingshot, 2) and create a Fibonacci extension level for the first rising wave from the start point of slingshot pattern. When the current price goes over 61.80% level , that can be a good entry point, especially if the SMA 100 and 200 curves are gathered together at 61.80%, it is a very good entry point. As a great help, tradingview provides these Fibonacci speed fan lines and extension levels with ease. So if you use the Fibonacci fan line, the extension level, and the SMA 100/200 curve well, you can find an entry point for the stock market. At least you have to enter at this low point to avoid trading failure, and if you are skilled at entering this low point, with fibonacci6180 technique, your reading skill to chart will be greatly improved. If you want to do day trading, please set the time frame to 5 minutes or 15 minutes, and you will see many of the low point of rising stocks. If you want to prefer long term range trading, you can set the time frame to 1 hr or 1 day
NYSE:OXY
by fibonacci6180
$OXY – Positioning for a Bullish Breakout ?📊 Technical Overview NYSE:OXY has been in a prolonged downtrend, but recent price action is showing a potential structural reversal: LL to HL / HH shift suggests the downtrend may be bottoming out. Currently forming a Higher Low (HL) after printing two Higher Highs (HH) – a classic bullish market structure. Key support held firm around the $34.80–35.00 zone, which aligns with a historically strong demand area. Target range identified between $55.35–55.55, where previous consolidation occurred. A sustained move above $45 could confirm a breakout from the current consolidation and open up room to the upside. 💡 Macro Tailwinds Several economic and geopolitical factors may support a bullish case for NYSE:OXY : 🔺 Oil Price Stability WTI crude has been resilient above $70–75, with supply constraints and geopolitical tensions (e.g., Middle East & Russia sanctions) keeping a floor under oil prices. If oil trends higher (seasonal summer demand + hurricane season), OXY’s revenue outlook improves. 🌍 Global Energy Demand Global demand for fossil fuels remains elevated, particularly in emerging markets. While ESG pressures remain, oil & gas continues to be critical in the transition phase. 💰 Warren Buffett Factor Berkshire Hathaway continues to increase its stake in Occidental, signaling long-term conviction. Buffett now owns over 28% of OXY, and the market often treats this as a strong vote of confidence. 🏦 Interest Rates & Fed Outlook As inflation eases, markets are pricing in potential rate cuts in late 2025, which could support capital-intensive sectors like energy. Lower rates also improve discounted cash flow models, increasing fair value estimates. 🧠 Sentiment & Valuation OXY remains undervalued vs peers on a forward P/E and EV/EBITDA basis. With strong free cash flow, OXY is aggressively paying down debt and buying back shares — supportive of long-term price appreciation. RSI and MACD are neutral – plenty of room for momentum to build. 🎯 Trade Plan Entry Zone: $42.50–43.50 (Current consolidation area) Stop Loss: Below $38 (invalidates HL structure) Target 1: $50 Target 2: $55.50 Target 3 (Stretch): $60+ if oil prices surge ⚠️ Risks A break below $38 would invalidate the bullish structure. Oil price weakness due to recession fears or unexpected OPEC policy shifts. Broader market volatility (Fed, inflation, geopolitical shocks). 🔍 Bottom Line OXY is showing early signs of a bullish reversal on the chart — supported by strong fundamentals, insider confidence (Buffett), and resilient oil prices. If this HL holds, the setup offers a solid risk-reward opportunity toward previous resistance levels.
NYSE:OXYLong
by Kristjan_Maximus
Can Occidental Hang On?Occidental Petroleum has staggered since tariffs were announced in early April, and some traders may expect the energy driller to continue lower. The first pattern on today’s chart is the March 5 low of $44.70. The tariff news drove OXY through that support to a three-year low. It then rebounded but stalled at the previous low. Has old support become new resistance? Second, OXY has made higher lows and lower highs. Such a narrowing range may create potential for prices to start moving if the triangle is broken. Third, the stock has remained below its 50-day simple moving average. That may reflect a bearish intermediate-term trend. Finally, the 8-day exponential moving average (EMA) just crossed under the 21-day EMA. That may reflect a bearish short-term trend. Check out TradingView's The Leap competition sponsored by TradeStation. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. If you're born to trade, we could be for you. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:OXY
by TradeStation
WARREN BUFFETT is missing my Chart Analysis - OXY TO $29 Hello Traders, I am back, because Warren Buffett is making a Huge Mistake! If he was looking at my chart analysis, he would not making this mistakes. I am sure he is the top fundamental analysis, but I am also sure, he does not know about technical analysis. If he had known about technical analysis, he would not have allowed Berkshire Hathaway to buy 763,000 shares of OXY for an average price of $46.82, in February 2025. In late December, Berkshire purchased 8.9 million Occidental shares during a broad market pullback. Occidental remains Berkshire’s sixth-largest equity holding. Warren Buffett is undoubtedly a master of fundamental analysis, but his recent decision to buy more Occidental Petroleum (OXY) after a 30% sell-off from its record high suggests he may be missing the bigger picture when it comes to technical analysis. While Buffett has always emphasized intrinsic value and long-term potential over short-term price movements, ignoring technical indicators can be costly—especially in the case of a highly cyclical stock like Occidental. The steep decline in OXY's price is not just a random fluctuation; it reflects broader market sentiment, momentum shifts, and key support levels that Buffett appears to be disregarding. One of the major issues with Buffett’s approach is that he tends to view price declines purely as opportunities to buy undervalued stocks without considering whether the stock is in a downtrend with further room to fall. Occidental’s 30% drop from its peak could indicate the start of a deeper correction or even a long-term shift in investor sentiment toward oil stocks. Technical analysts would look at moving averages, relative strength index (RSI), and volume trends to determine whether the stock is showing signs of bottoming or if further downside is likely. Buffett, however, does not appear to incorporate these tools, potentially exposing Berkshire Hathaway to further losses. Another critical aspect of technical analysis that Buffett seems to overlook is support and resistance levels. If Occidental broke the current level of support of $45, it could suggest that institutional investors are exiting the stock, meaning that further declines are possible before a true bottom is found. Rather than blindly averaging down, a trader versed in charts would wait for confirmation of a reversal, such as a double bottom or a bullish divergence in momentum indicators. Buffett’s reliance solely on fundamentals ignores these crucial signals, making his timing questionable at best. Additionally, market psychology plays a significant role in stock movements, and Occidental’s sharp sell-off could be signaling broader concerns about the energy sector. Even if the company’s fundamentals remain strong, investor sentiment can drive the stock much lower before any recovery takes place. Buffett’s historical strategy of buying quality stocks and holding them for decades works well in certain cases, but oil stocks are notoriously volatile and highly correlated with macroeconomic factors like interest rates, geopolitical events, and commodity cycles. By ignoring these elements, Buffett may be underestimating the risk of catching a falling knife. Ultimately, while Buffett’s deep understanding of business fundamentals is undeniable, his reluctance to embrace technical analysis could lead to costly missteps—especially in a stock like Occidental, which is heavily influenced by momentum, sentiment, and cyclical trends. His recent purchases may look brilliant years down the line if OXY eventually recovers, but in the short to medium term, he may have simply stepped into a stock that still has further to fall. By incorporating chart analysis, Buffett could refine his timing and avoid unnecessary drawdowns, but his firm stance against technical indicators may mean he continues missing key signals in volatile stocks like Occidental. Follow me and let's show who is the BOSS. Sell OXY NOW WARREN BUFFETT, if you can hear me. For my followers stay out if you do not understand, this is a crazy world. Not allowed for Kids. ECT
NYSE:OXYShort
by EDWARDCASHTRADER
4
OXY (Occidental Petroleum Corporation) – 30-Min Long Trade Setup🚀 🔹 Asset: OXY – NYSE 🔹 Timeframe: 30-Min Chart 🔹 Setup Type: Bullish Breakout (Ascending Triangle Pattern) 📊 Trade Plan (Long Position) ✅ Entry Zone: Above $47.50 (Breakout Confirmation) ✅ Stop-Loss (SL): Below $46.53 (Key Support Level) 🎯 Take Profit Targets: 📌 TP1: $47.92 (Previous Resistance Level) 📌 TP2: $48.93 (Extended Bullish Move) 📊 Risk-Reward Ratio Calculation 📉 Risk (SL Distance): $47.50 - $46.53 = $0.97 risk per share 📈 Reward to TP1: $47.92 - $47.50 = $0.42 (1:0.43 R/R) 📈 Reward to TP2: $48.93 - $47.50 = $1.43 (1:1.47 R/R) ✅ Favorable Risk-Reward Ratio toward TP2 🔍 Technical Analysis & Strategy 📌 Ascending Triangle Breakout: Price is breaking above the resistance line, confirming bullish momentum. 📌 Support at $46.53: The lower trendline acts as a safety net, keeping the uptrend valid. 📌 Volume Confirmation Needed: Look for above-average buying volume above $47.50 to validate the breakout. 📌 Resistance at $47.92: A move above this will strengthen the bullish case. 📉 Trade Execution & Risk Management 📊 Volume Confirmation: Ensure strong buying volume above $47.50 before entering. 📉 Trailing Stop Strategy: Move SL to break-even ($47.50) after hitting TP1 ($47.92). 💰 Partial Profit Booking Strategy: ✔ Take 50% profits at TP1 ($47.92), let the rest run toward $48.93 (TP2). ✔ Adjust Stop-Loss to Break-even ($47.50) after TP1 is reached. ⚠️ Risks & Considerations ❌ Fake Breakout Risk: If the price fails to hold above $47.50, exit early. ❌ Confirmation Required: Wait for a 30-min candle close above $47.50 before entering. 🚀 Final Thoughts ✔ Bullish Setup – Strong upside potential. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Favorable Risk-Reward Ratio – 1:1.47 toward TP2. 💡 Stick to the plan, manage risk, and trade smart! 🚀📈 🔗 #OXY #NYSE #LongTrade #TradingView #ProfittoPath 💰📊
NYSE:OXYLong
by ProfittoPath
Occidental Petroleum - Warren Buffett's Strong EndorsementWhy Buying Occidental Petroleum (OXY) is a Good Investment Warren Buffett's Strong Endorsement Berkshire Hathaway, led by Warren Buffett, has been consistently increasing its stake in OXY, holding over 25% of the company. Buffett's long-term approach and confidence in OXY suggest strong fundamentals and future growth potential. Solid Financial Performance OXY has a P/E ratio of 20.95 and a profit margin of 19%, showing strong profitability in the energy sector. Its ROE of 15% indicates effective management of shareholder equity. Strong Free Cash Flow (FCF) The company generates around $1 billion in free cash flow, which enables it to reduce debt, buy back shares, and pay dividends—key factors Buffett looks for in an investment. Favorable Industry Trends With growing global energy demand and OXY's focus on low-cost production, the company is well-positioned to benefit from higher oil prices and long-term energy market stability. Debt Reduction & Financial Strength OXY has significantly reduced its debt-to-equity ratio (0.85), strengthening its balance sheet after the Anadarko acquisition. Buffett prefers companies that prioritize financial discipline. Carbon Capture & Future Growth Potential OXY is a leader in carbon capture technology, positioning itself for long-term sustainability as the world moves toward cleaner energy solutions. This gives it a competitive edge in the evolving energy market. Buffett's Potential Full Acquisition With Berkshire Hathaway increasing its stake and securing regulatory approval to buy up to 50% of OXY, there is speculation that Buffett may eventually acquire the entire company. This could drive further price appreciation for OXY shares. Conclusion Buffett's heavy investment in OXY, combined with strong financials, solid cash flow, and promising energy market trends, makes the company an attractive value play for long-term investors.
NYSE:OXYLong
by SimeonNikolaev-invest
1
OXY – 30-Min Short Trade Setup!📌 📉🚀 🔹 Asset: Occidental Petroleum Corporation (NYSE: OXY) 🔹 Timeframe: 30-Min Chart 🔹 Setup Type: Bearish Reversal Trade 📌 Trade Plan (Short Position) ✅ Entry Zone: Below 47.28 (Breakdown Confirmation) ✅ Stop-Loss (SL): Above 48.37 (Invalidation Level) 🎯 Take Profit Targets: 📌 TP1: 46.11 (First Support Level) 📌 TP2: 44.80 (Extended Bearish Move) 📊 Risk-Reward Ratio Calculation 📉 Risk (SL Distance): 48.37 - 47.28 = 1.09 risk per unit 📈 Reward to TP1: 47.28 - 46.11 = 1.17 (1:1.07 R/R) 📈 Reward to TP2: 47.28 - 44.80 = 2.48 (1:2.27 R/R) 🔍 Technical Analysis & Strategy 📌 Bearish Rejection at Resistance: Price is struggling at 47.28, indicating potential downside. 📌 Rising Wedge Breakdown: The pattern suggests further bearish momentum. 📌 Volume Confirmation Needed: Increasing selling pressure below 47.28 confirms the move. 📌 Momentum Shift Expected: If price stays below 47.28, it could drop toward 46.11, then 44.80. 📊 Key Resistance & Support Levels 🔴 48.37 – Stop-Loss / Resistance Level 🟡 47.28 – Breakdown Level / Short Entry ⚪ 46.11 – First Target / TP1 🟢 44.80 – Final Target / TP2 📉 Trade Execution & Risk Management 📊 Volume Confirmation: Ensure strong selling pressure below 47.28 before entering. 📉 Trailing Stop Strategy: Move SL to entry (47.28) after TP1 (46.11) is hit. 💰 Partial Profit Booking Strategy: ✔ Take 50% profits at 46.11, let the rest run toward 44.80. ✔ Adjust Stop-Loss to Break-even (47.28) after TP1 is hit. ⚠️ Fake Breakdown Risk ❌ If price moves back above 47.28, exit early to minimize losses. ❌ Wait for a strong bearish candle close before entering aggressively. 🚀 Final Thoughts ✔ Bearish Setup – Resistance rejection signals downside potential. ✔ Momentum Shift Possible – Watch for volume confirmation. ✔ Risk-Reward Ratio – Favorable 1:2.27 R/R to TP2. 💡 Stick to the plan, manage risk, and trade smart! 📉🔥 🔗 Hashtags for Reach & Engagement: #OXY 📉 #NYSE 📊 #StockTrading 📉 #TradingNews 📰 #MarketUpdate 🔥 #Investing 💰 #ShortTrade 📉 #Finance 📈 #ProfittoPath 🏆 #SwingTrading 🔄 #DayTrading ⚡ #TechnicalAnalysis 📉 #StockSignals 📊 #FinancialFreedom 💡 #MarketTrends 📊 #StockAlerts 🔔 #TradeSmart 🤓 #Bearish 📉 #RiskManagement ⚠️ #TradingCommunity 🤝 #SmartTrading 💰 #MarketAnalysis 📊 #TrendBreakdown 🚀
NYSE:OXYShort
by ProfittoPath
$OXY HigherI believe earnings will be better than expected and that we will have our catalyst for wave 3 to be completed. I will update further. Some Examples on why I am BULLISH. Exposure to Energy Markets Occidental Petroleum is among the larger U.S. oil and gas companies. If you believe energy prices—particularly oil—will remain strong or rise, OXY might benefit from higher revenues and earnings. Warren Buffett’s Stake In recent years, Berkshire Hathaway has built and expanded a sizable position in OXY. Some investors view Buffett’s involvement as a sign of confidence in the company’s management or in the broader energy sector. However, following any major investor without understanding why they invested carries its own risks. Debt Reduction Efforts OXY took on significant debt during its acquisition of Anadarko Petroleum in 2019. Since then, the company has been working on deleveraging (paying down debt), which can bolster its balance sheet over time. Progress on debt reduction may improve its financial stability, although the speed and success of these efforts can fluctuate with oil prices and overall market conditions. Dividend Potential and Shareholder Returns Occidental has a history of paying dividends, though it cut its dividend at times due to market conditions. If oil prices stay relatively strong, the company may have the means to sustain or potentially grow its dividend—or use excess cash for share buybacks, which can also boost shareholder value. Volatility and Sector Risks Despite potential upsides, the energy sector is historically volatile. Fluctuations in commodity prices, shifts in global supply and demand, and geopolitical events can all significantly impact OXY’s earnings and stock price. Additionally, companies in fossil fuels face longer-term uncertainties related to climate policies and the transition to renewable energy sources.
NYSE:OXYLong
by BigeMarket