$OXY
Added 2023-10-09 17:29:53 +0000 UTC$OXY is almost a default Top 20 stock as I update it as regularly as the others.
It is an energy stock, with a carbon capture market too, it is a favourite of Buffets and offers a dividend (which is paid out on the 13th of October by the way)....so it is in a strong position to make it into our narrow list to be added.
In the last update of $OXY I said that I can see 3 waves now in this pull back....and when the price fell to between the 0.5 - 0.618 Fib, the conflict started and the price rose abruptly today.
The large decline in energy stocks on Friday was slightly suspicious considering how well the market was performing but nevertheless, EW Theory showed 3 waves down to the popular area for a pull back and then it bounced....so this is following theory.
