$OXY
Added 2023-08-01 21:49:47 +0000 UTCAlso has its earnings after the close tomorrow.
Forming a bullish wedge here leading into earnings too.
The theory is that; the trend leading into the wedge, leaves the wedge in the same direction, in this case it is to the upside.
Our Wave 3 target remains the same at $80 too.
I have added in the White Fib levels below incase it misses and we need to know where the support levels are.
We can see that the 200 Day MA on the 1hr chart is conveniently at the 0.5 Fib now.
Comments
Thanks cap. Feel like oil stock is coming back.
Peter Mocca
2023-08-01 23:36:00 +0000 UTC
