$OXY is about to run

227


Multi indicator confluence of a coming trend shift.

Been averaging down on this as the price action showed more promise.

Indicator roundup looking like all signs point to up.

Note
Closed my Calls for 150%

Oil will probably consolidate a bit but I will reload fresh calls when the time is right.
Note
Continuing to hold spot.
Note
First target reached. Calls and spot have been very profitable. Going to hedge earnings with puts. I think we have at least one more leg up after some consolidation.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.