You all know I am a big fan of $OXY and I am a holder, it has been a rock for us during this difficult pull back.
It has already pulled back in 3 waves since $66 and has so far held the 0.5 Fib at $61, which is also the 50 Day MA too.
The 50 Day MA has been support twice since July too, so I will be watching to see if it can hold this level again and bounce.
If the price can get above the 200 Day MA at $62.50, it has logged another higher low and continues to move well through its impulse wave.