$OXY
Added 2024-10-02 11:07:57 +0000 UTCWe added yesterday, $OXY is a company we have been following for 2 years, we like Buffetts assessment and reasoning, it is also very appealing holding on the 0.5 Fib now above $49
Yesterday we got a catalyst due to the escalation in the Middle East
So we made the decision to add again, it is not always good to capitalise from conflict....but we made the decision to add before this happened and this is just business, we also had no issue buying $BTI and they sell cancer sticks for a living, we can't change policy makers, we are buying strong fundamental companies.
Getting back into the wedge and $54.50 and holding is what I want to see here next, then getting above the 50 Day MA and 0.38 Fib
There is no changes to the chart here and we can add the new impulse wave yet on this one bounce as it is not complete yet.
Comments
$oxy is also using the 200 w ma as support right now. Nice to see
Marcus M
2024-10-04 00:05:12 +0000 UTCNice! Cann you to a few other Oil Names like SLB, DVN, TOU, CVE, VET, AR, WCP, MUR, RRC and RIG? Dont expect to do all of them but they all look interesting fi energy turns really bullish here
Friedrich
2024-10-02 13:19:08 +0000 UTCTlt buy and sell chat
Vinnie
2024-10-02 11:48:57 +0000 UTCWhere do I see your buy alerts🙏🏻
Frank
2024-10-02 11:16:39 +0000 UTC
