$OXY
Added 2023-09-01 11:04:44 +0000 UTCVery nice hold at the 50 Day MA at the 0.5 Fib for $OXY and has not bounced, the price is also above the 200 Day MA here now too and moving well again in the PM.
I have a position here and may add again when this goes above $66, confirming the higher high and higher low.
My money has certainly been safe in $OXY over the last month and I am glad to be here and the chart still remains attractive with no changes here for awhile now.
Comments
Thank you. When you have a core position in a stock that starts to climb, at what point to you feel comfortable adding to that position. I always seem to get to eager (FOMO) and add too soon, which raises my cost basis and doesn't give me much cushion if it decides to come back down some.
Steven Richards
2023-09-01 22:31:51 +0000 UTC
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