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OXY wants to test the 50 week ema, 51% upside
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Occidental Petroleum Corporation
(
NYSE:OXY
)
decaro
NYSE:OXY
Occidental Petroleum Corporation
Trend Analysis
Energy Commodities
Oil
0
0
trendanalysis
energy
oil
OXY is punching through trends and has breached the 21 week ema. It wants the 50 week ema now. That will put it in a descending wedge which it may subsequently break out of to the upside after a period of consolidation, seeking the 100 week ema.
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