$OXY
Added 2024-09-18 11:19:52 +0000 UTC$OXY found support exactly at $50 and on the 0.5 Fib, the important observation is that the bleeding stopped
The descent was likely brought on by Trumps advances in the polls but managed to hold support around the debate time when Harris performed surprisingly well to the market.
Bulls will want the price to go back above the 0.38 Fib at $55 or at the very least into the wedge again at $54.
Remember, if you add here, your average will be lower than Buffett, as he was accumulating between $55 - $62 for 18 months.
