$OXY is also cleanly breaking out through its 200 Day MA which has been a tough resistance level to break out of since November.
Holding above this level at $60.70 and the next big test will be at the wedge level at $63, a breakout here and my Wave 5 target is at $86.
This has been slow but signs are showing that this is moving strong and in the right direction now.
Gareth Neary
2024-03-01 15:54:50 +0000 UTCVojtěch Šimeček
2024-03-01 15:50:04 +0000 UTC