$Oxy Oily Boiiis Back?
OXY im seeing a triple bottom/ distribution. Im bullish just bc of the chart. I think the R/R on a swing position targeting mid to upper 60s is great over 58. oil doesnt nornally move fast, so likely guna need time to eat on this. however, we have a sharp reversal so the momentum could continue from the big bounce today.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.