SamSuka
The Long Investor
The Long Investor

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$OXY

$OXY has so far bounced on its wedge trend line from above and has moved up to its 200 Day MA, which is exactly at the 0.618 Fib now at $61.54, so we know this is now a confluence level, a breakout and retest of this level and you have your buy signal.

Remember, we don't expect this to move quickly, it will likely move as a safe haven would, slow and reliable.

I will add if we convert the 200 Day MA to support.

$OXY

Comments

The ole tortoise. I’m done gambling on stocks. šŸ‘šŸ»

Brian


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