flapbreaker

flapbreaker

Ascending triangle, something to keep an eye on. Usually a bullish pattern but that's after an upward trend and this started after a down trend so not sure. Would be interested to hear other's opinion.

flapbreaker

Momentum indicators suggest a follow through in the upswing but the formation of a symmetrical triangle has me wondering which way she'l break.

flapbreaker

Collect dividends while you wait for a return to the mid channel which I am predicting to be in August.

flapbreaker Updated 

Oxy was punished for the perceived over payment of Anadarko Petroleum. Severely undervalued @$40. In 2018 Anadarko had assest value's of 40 billion alone. Occidental had assets valued at 43 billion. At the current price of $41 OXY's market cap is only 36 Billion. Less than half the combined 2018 valuation. Perfect chart setup.

flapbreaker

6 months of accumulation demonstrated by the divergence in price and momentum indicators.

flapbreaker Updated 

Seems that this would have to pull back to some key fibonacci levels in order to move higher.

flapbreaker

Will be interesting to see if this turns into a bonafide Inverse head and shoulders. Won't know for a while.

flapbreaker

It will be interesting to see if this pattern plays out. Admittedly I am a noob to reading chart patterns but thought this one looks to be forming. Well see.

flapbreaker

Trying to figure out where this thing is headed. My guess is up as long as they keep executing their plan and improving their matrix.

flapbreaker

Let's see if this handle cooperates.