$OXY
Added 2024-08-21 11:45:49 +0000 UTC$OXY is sitting in the Buffett Buy Zone which is exactly on the 0.38 Fib which is the standard level for a Wave 4 pull back.
This is showing us how little the market is concerned about what is happening in the middle east
That being said, a 2 year consolidating range is like coiling to move higher
Buffett has given $OXY strict orders to reduce their debt, which is what they are doing, which makes $OXY more attractive, he is comfortably at the helm here guiding $OXY, a position that has benefited him over the last 60 years.
If you want to follow Buffett here, it does make sense.
Comments
And I bought it 56.11
Sunja C
2024-08-21 18:28:34 +0000 UTCI am only done with one buy so seems like a great spot to add another buy!! Thanks Cap
Shaleen Deep
2024-08-21 12:04:33 +0000 UTCYes, I am happy with my position right now, I have added enough, I will consider again holding above the 200 Day MA\
Gareth Neary
2024-08-21 11:57:08 +0000 UTCEl Captain, are you considering buying more here? Have you finished with all 5 buys here?
Shaleen Deep
2024-08-21 11:48:18 +0000 UTC
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