OXY trade ideas
OXY - Osc becoming embedded. No longer like the long. Pullback
Status: Took off watch list for several reasons.
Point system: 1 = meets criteria, 0 = fails or not applicable
Total points: 6
Horizontal S&R: 1
Channel S&R: 1
MA S&R: 0
Pearson's R >= 85: 0
Price Pullback Fib >0.3802: 1
Next Earnings date: 10/28
Favorable EPS: 1, beat
Favorable Rev: 1, beat
Short Float:
*stop 1 atr below swing low.
** first price target is 50% the move from entry price to previous high.
***No Biotech
Any feedback is welcomed! Thx
Cost basis:
Stop:
First price target:
Kick Ass Trade of the Week Oct 21st-25th $OXY ShortA great risk reward, A great coiled stochastic signal on the short side, Started short position with Puts, tradingview charts used for the HPS watch list each week on www.daytradingradio.com Stop is at 103
