$OXY
Added 2023-10-19 19:43:35 +0000 UTCTesting the yellow trend line again today and is a rare spec of green in a sea of red right now.
This has been a resistance line since Nov '22, so breaking out and flipping this to support will be a big move for $OXY.
It will also mean that $OXY has made a new high and a higher low.
We know $OXY is a slow mover and we are ok with that, it has been the perfect hedge for us over the last 2 months, as the price now is higher then it was in the first week of August.
I believe you are still early to catch more upside here, Wave 3 target is at $82.
