$OXY
Added 2024-10-21 13:56:56 +0000 UTCSome support has been found on the 0.78 Fib at $51 and the price is testing the 0.618 Fib again at $52.33 today.
I always feel a lot more comfortable when a price retakes the 0.618 Fib on a Wave 2 or Subwave 2 pull back.
If this can be done next then we should see a move back up to the 50 Day MA and the yellow wedge again at $54.50
