SamSuka
The Long Investor
The Long Investor

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$OXY

$OXY dropping down below the trend line at $44 is something we spoke about last week and a move down to the 0.618 Fib was possible, I also shared yesterday that $OXY is a buy at $34 too which is the 0.618 Fib.

I really like the premium on offer at this level compared to where Buffett added between $50-$55 and there is also a +2.5% dividend here too.

So not a buy yet, wait until $34 is tested and watch for support.

$OXY

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