$OXY - This was a close call to being COTW too.
Added 2023-07-10 17:57:38 +0000 UTCA lot of opportunities at the moment and $OXY is another one.
I like how this has pulled back after Wave 2 completed and the pull back came right down to the 0.618 Fib and bounced, this is simply beautiful to see from a stock like $OXY.
Now we want to see this test the yellow wedge trend line above at $60, a flip here and we have lift off.
A lot to be bullish about here:
- Bullish wedge
- Holding the 0.618 Fib and bouncing
- Wave 2 complete.
- Above the 50 and 200 Day MA and holding above them on the 1hr
- Wave 3 is next to $87.
Comments
Has this flipped yet?
Dan G
2023-07-12 17:15:06 +0000 UTCIβm in.
Dan G
2023-07-10 18:55:59 +0000 UTC
