$OXY has been a strong performer for us and the chart has been speaking volumes, consistently showing bullish indications and that is why we have a lot of conviction in this stock.
The bounce off the 50 and 200 Day MA, followed by the bullish cross between the two MA's was showing where this was going next, we then got a new high today, further showing the upward trend.
So no changes here and there is still a lot more upside to go. Wave 3 target is at $81.
Jeff Akrawin
2023-09-22 15:39:25 +0000 UTC