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OXY rising from buying zone after fall from Head and Shoulders
Occidental Petroleum Corporation
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OXY rising from buying zone after fall from Head and Shoulders
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2022年11月6日
4
2022年11月3日
OXY
Warren Buffett's favorite new acquisition is now in an uptrend
and following somewhat of an ascending wedge.
This appears to be a good swing long setup with a
Stop Loss of
71.6
at the recent pivot low and a
Take Profit at the neckline of the head and shoulders pattern which signalled
the downtrend at
73.83
. I will trade this with the call options
expiring 11/18 with the strike of 73.
2022年11月6日
交易進行
OXY popped on Friday as did its call options. Took a partial and look for
more action in the upcoming week.
Head and Shoulders
Triangle
Volume
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