OXY Rounded bottom Pattern

OXY has formed a nice rounded bottom pattern. Has cleared the 50ma and would expect a move to the 200ma in the near term.

Entry today was at $40.63 with a target intersection of the 200ma in the 46-46.50 range.
Low risk entry with a stop at 39.20.

The last 2 earnings dates have led to declines in price so would suggest exiting before earnings.
bottomChart Patternsrounded

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