$OXY is at a confluence level now, it is right now holding at the 200 Day MA and the 0.618 Fib on the daily chart, and we can also see an inverse head a shoulders pattern formed since the middle of Sept.
$OXY looks like the only company I am considering adding at the minute but would feel more comfortable adding once this gets above the yellow trend line at $66.
$OXY is an energy stock I will continue to hold for long term and as I have said a lot of times, it is their carbon capture capabilities that makes this company so attractive at these prices and one of the main reasons that Buffet continues to add heavily here.