1OXY trade ideas
OXY Likes OPEC+ Playing Nice, Clear Cup & Handle FormingOil recently hit a monthly resistance dip and gave us a good buying opportunity on some tickers including OXY. OXY recently got de-delisted from the S&P 100 but is showing resilience in one of the hardest hit industries during this pandemic. It has also been getting accumulated pretty heavily as of recent.
If OPEC+ keeps playing nice, OXY is primed for a run to $24 in the mid term between February-March.
Occidental, aka mini-Exxon, flashed BUY signal!! Cup w/Handle$OXY is the little engine that could, chugging along the coat-tails of the energy sector.
TA shows a cup with a handle.
4H chart, on the ULTIMATE Stock Indicator, it flashes a perfect entry with a Buy signal and 8 confirmations.
Potential shot to the moon with Feb 19 options, towards a Earnings run-up.
Happy Trading, from CJ -- aka the greatest FURU.
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OXY: Update - Buy on PullbackOn the previuos analysis $OXY performed very well according to forecast and the first target was reached. We can see that the price created a big engulf candle that is a sign of strong bullish momentum. If the price will give us the possibility to enter again on pullback near $18.30 that would be great to target even $19.70 as the first target again. Otherwise use the next two targets.
Thank you and Good Luck
$OXY - The first bull🐂 came near the door 🚪🚀The price created an ascending channel. On the chart, the price is changing direction and getting stronger. So technically we are going to trade with the short-term trend that is moving up.
For confirmation, we need to see the price above $18.23
Thank you and Good Luck!
OXY e2e move + weekly divergenceichi e2e move and weekly bullish divergence. can expect $16 in the next month or alot of volatility
Oxy Low Carbon Ventures Awarded Project Tundra Carbon Storage CoOXY: Occidental
2020-12-15 09:00:00
Oxy Low Carbon Ventures Awarded Project Tundra Carbon Storage Consulting Services Contract
$OXY Day Trading Idea 11th DecemberOxy looking strong this morning with high volume
Good entry would be: 21.63
SL:21.12
Exit:23.06
52 week High: 47.58
Great potential runner
Always do you own DD
Happy trading
OXY long term Elliott wave projection with Gartley patternPlease follow the black line scenario for buying opportunities.
Notice the heavy volume near the bottom.
OCCIDENTAL PETROLEUM CORP VIEWHey guys, OCCIDENTAL PETROLEUM CORP is in an uptrend with a high volume of purchases issued early in the session on a return at the end and traces made by sellers. Looking at the TIMEFRAME M1 we see an inverted hammer candle with an end of past sales volume returns. It is heading to its last previous low to make a downtrend reversal. There is a good chance of testing the range to breakout with the price to join another range. Then go to the top that follows to test again the range for breakout and arrival on the top of the bullish channel.
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