$OXY
Added 2024-03-26 14:49:55 +0000 UTCOk lets get this one nailed.
Nice pull back at the opening here and ideally we'd like to see a retest of the yellow line to show that this trend line has been flipped from resistance to support and then we have our buy signal
Should be straight forward
Sometimes the price does not go all the way back to the trend line and a moving average can offer support.....in this case we can see the blue 50 MA on the 1hr chart is in the way....so lets see if price can find support here at $63.70 first.
