KO as a long standing Buffet holding- is a slow mover with a decent dividend. For stock and options traders like myself, it is now well positioned for a long trade. KO's recent pivot highs were early to mid May with the highest trading volume at $64 according to the interval volume profile. KO descended mid-May into June 1st and then had a Fib. retracement...
Analysis of the GDP and SP500, a correlation between GDP growth and SPY valuations. The fast and high that the market moves up in relation to the GDP the quicker and more profound the correction moves.
With the federal reserve and the federal government actively trying to decrease inflation. I believe we will head into a deflationary period and most stocks will suffer. Betting against the master chief should be fun in my opinion!
Will OXY break out of this huge flag? What's the next stop $80?
OXY waving a huge flag. I'm not saying you should buy it. I'm not saying that WW3 is possible, I'm not saying that gas prices are going to go up, I'm not saying that Europe is facing a cold cold Winter. I'm saying you should do your own research.
Warren Buffett has been steadily buying this stock over the last few months and now owns 26.8% With regulatory approval now allowing him to own up to 50% will be interesting to see where this stock ends up. Indicators look good. Price at a support area, RSI showing good value, and MACD looks like momentum might be coming back into the stock after its recent...
OXY has been on fire this year and its looking to go higher. On the weekly OXY is looking to breakout of its previous high set at 73 in May. MACD is curling up and RSI is looking to go upwards as well. Very bullish closes over the past two weeks. Looking for it to hold above 75 this week before I enter.
NYSE:OXY One hour chart: NYSE:OXY In the past day, the relative volume of sellers has decreased and price momentum is gradually increasing despite the general market reaction to federal economic news. The flat bottom triangle breakout suggests sellers are capitulating on pricing given current circumstances. The RSI Oscillator is in a mid-range suggesting...
The technical figure Triangle can be found in the daily chart in the US company Occidental Petroleum Corporation (OXY). Occidental Petroleum Corporation is an American company engaged in hydrocarbon exploration in the United States, and the Middle East as well as petrochemical manufacturing in the United States, Canada, and Chile. The company ranked 183rd on the...
Trend line from April confirms that it’s a trend reversal and I went long on Oxy shares and options. I do see a potential of hitting PT of $70 in next few weeks. Will close my position If this closes below $55 on any given day.
Hello to all my friends, this is my analysis of the signs I saw, such as the roof of the two peaks and the PR that I threw with Fibonacci, and the trend line that I drew, and if this trend line breaks, I will enter into a short deal and there will be divergences. When you saw Makdi and rsi, the market is falling 😎
Who are the American stock market heroes? 1. Musk (the hero of the American people, a role model, and someone who speaks the language of the young) warning of a recession in mid 22 twitter.com 2. Bezos ( the one who build the giant of AMAZON to whom they even made a song for him www.youtube.com) warning of a meltdown 3. The TV Star Dr. Burry!!! (...
Solid break of the 7 month support. How low will it go? I think it will may touch $275 range.
Hi, StoneCo is one of them that is on the Berkshire Hatheway list. Warren Buffett's advice to be "fearful when others are greedy and greedy when others are fearful" is probably one of the world's most famous and frequently repeated investing quotes. Considering that, STNE looks promising. StoneCo is a leading provider of payment-processing and other financial...
Diamond Dallas Page bottom reversal pattern to look out for
Globally 142 % USA 208 % . The Buffett indicator (or the Buffett metric, or the Market capitalization-to-GDP ratio) is a valuation multiple used to assess how expensive or cheap the aggregate stock market is at a given point in time. It was proposed as a metric by investor Warren Buffett in 2001, who called it "probably the best single measure of where valuations...