SamSuka
The Long Investor
The Long Investor

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$OXY

A lot of our Top 10 charts are green now while the overall market is red, this goes for a lot of the safe havens we follow too.

$OXY is also green and continues its strong bounce from $45 and now at $51.

Price is also above the 50 Day MA now and the 0.5 Fib and moving back up to the wedge bottom line at $54.

Back above this line is a big win for the bulls, as this was a support level for over 18 months and also the Buffett Buy Zone, this may also encourage buyers back into $OXY too, I would also be interested.

$OXY

Comments

Seems like it only runs on down market days.

JZ


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