Drop it like it's hot! The Fed is remaining hawkish. Dollar started rocketing up as they spoke. Dollar Up Everything else mostly down coming to a theatre near you!!...
Occidental Petroleum Corporation ( NYSE:OXY ) Sector: Energy Minerals (Oil and Gas Production) Market Capitalization: 31.522B Current Price: $33.75 Breakout price: $35.60 Buy Zone (Top/Bottom Range): $33.50-$30.40 Price Target: $39.20-$40.50 Estimated Duration to Target: 83-88d Contract of Interest: $OXY 4/14/22 35c Trade price as of publish date: $3.10/contract
NYSE:OXY is resuming with the uptrend. The price is back above the 50EMA, implying a semi-strong trend. Keep in mind that the AMEX:XOP is also above this level, showing strength in this sector. I'll be adding to my existing position with a stop loss at $28/share. Remember to practice sound risk and money management. Follow for more charts.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that,...
looking for a strong rebound if oil price recovers before the year end. good luck.
OXY STOCK LONG ENTRY 1 $10.20 & ENTRY 2 $9.80 SL $8.00 Take Profit 1 $18.00 Take Profit 2 $28.00 Take Profit 3 $38.00. A double bottom pattern is a technical analysis charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a rebound, another drop to the same or similar...
The idea is to go long, but wait the end of the price setback before going long. Occidental Petroleum — Occidental shares climbed more than 4% after a SunTrust analyst upgraded the energy company to “buy” from “hold.” The analyst also raised his price target on the stock to $25 per share from $13 a share, implying a 12-month upside of 27% from Thursday’s close....
getting above $19.19 is a good sign for the stock. It is a support now and the target price will be $26.27 to fill the gap. 12 months Consensus Price Target: $23.43 if you find my charts useful, please leave me "like" or "comment". Please don't trade according to the ideas, rely on your own knowledge.
OXY Breakout target 16$ PLEASE TRADE ON YOUR OWN RISK THIS IS NOT ADVICE IN ANY KIND OF WAY.
OXY STOCK LONG ENTRY 1 $14.00 ENTRY 2 $11.75 SL $8.75 Take Profit 1 $17.75 Take Profit 2 $21.75 Take Profit 2 $26.75 Take Profit 3 $36.75 Take Profit 4 $50.75 Take Profit 5 $64.75