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OXY short?
Occidental Petroleum Corporation
Short
OXY short?
By rjloura
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Dec 10, 2022
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Dec 10, 2022
OXY is way up in comparison to crude oil futures. Futures are flat YTD, and OXY is up 104%.
OXY also recently crossed the 200 day SMA on 2 December. They've done that before recently and popped back up.
There seems to be some support around 61/share. If it breaks below that next support is around low 50s.
Trend Analysis
rjloura
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