$OXY about to Death Cross for the 1st time since 11/2018 $OXY about to Death Cross for the 1st time since 11/2018 and approaching the bottom of uptrend that's been holding since 3/2022 Calls over $64.02, $65.96 Target $64.54 Puts under $61 Target $60.75, $59.73 Shortby Solidified0
Running Low on OXY?Running Low On OXY? I believe we will be "running low on oxy" over the next few days or weeks. A head and shoulders pattern was identified on the daily in confluence with 2 rising support trendlines. OXY broke below the neckline of the head and shoulders pattern on Friday, February 3, 2023. Furthermore, the daily chart shows an increase of sellers at the break of the neckline. Therefore, I'd be interested in shorting OXY if it holds below the neckline AND breaks below the 2 rising support lines (for further confirmation). The level of interest is 60. Akili, MrALtrades00 *This is not financial advice.Shortby MrALtrades000
Oxy - clear signals for continuation Oxy respecting long term trend line, over the point of control, with thin volume nodes above, TTM squeeze fired long on the daily time frame, which averages 8-10 bars. These combined bullish signals indicate very little resistance in the near term. Chart shows a glide path to $69, with an overall technical price target of $80Longby NTXD3
$OXY Trade Idea - Bullish Engulfing and close above 50EMA on day$OXY Trade Idea Bullish Engulfing and close above 50EMA on daily Calls over $66.02 Targets: $67.05, $70.25 $Puts under $63.78 Targets: $62.94, $62.22, $60.75 NYSE:OXYLongby Solidified0
OXYPredictive charting -- would be fun to see this play out ,, sell off into summer .. summer rally into EOY.Longby tslatrades1
Oil ready to run?Looks like $OXY is in the mix of a bullish divergence. So lets dig. Look at the lower low on the price it is sharp. It needs to rest the oscillator. Here is the thing, if we can hold above the 0 line on the MACD and start to open up we can see the ticker really run. Bull Case we have a divergence forcing the gap up. I am looking that if there is a gap fill to take it back to the top with the ema as support. We will see what the market have. for continuation it need to blow pass $65. One of those are the entry. Bear case first time above the ema since November with 2 candle open and close. This gap fill will be the beginning of the run back down. We are below the 0 line, there is nothing here to see but read. Break below $62 new lows will follow. Longby JDTheGreat2
OXY An old story with H&S breakdownOops. GG… Broken down of the support and Head & Shoulder formation. Technical indicators are aligned for more downside too. Wait for the week to finish the candle… I do not see much upside at this point.Longby Auguraltrader114
OXYKeep an eye on this one. Noted the bearish RSI divergence a few months back. Could potentially be forming a triple top here.by Essendy2
OXY Bears coming?Occidental Petroleum Corporation looks like it wants to fill the Fair Value Gap below current PA. 2 scenarios: A: Price disrespects Bullish OB and drops, or B: Price respects Bullish OB and push higher into Fair Value Gap (~65$) and drops from there. There's a lot of targets below the current PA, but lets focus at the first one: 50$ ~ -20% from Today's price. Wait for confirmation, no entry without LTF Confirmation :).Shortby Trader_Ptr3
OXY buying areaLooks like a good starting part to dollar cost average. I don't own any shares. by dwa4949Updated 0
OXY: Long-term VIEWHello my friends, today I wanna share you some conclusions that I found about OXY. At the moment OXY price trades near to the raising wedge bottom. Though USOIL currently bounced up but I think there's a counter-trend decline to OXY. I expect that price can break the wedge and make a little correction to the bottom of wedge and then start to fall. And I think OXY will bounce from the bottom of wedge and get support at previous high level. I set up my first target at previous high and support level $47.00. Then, I think price will bounce up and start to raise. And I think price will break resistance level and go higher until resistance level. Therefore I set up my second target at local high and resistance level $77.54 (red line). And, I think price will break resistance go higher. Here's the scenario that I expect to USOIL. This is my opinion, I really hope it will be useful for you. This is an article not financial advice, always do your own research. And please don't forget to support this idea with your like and comment, It means a lot to me, thanks. Be prepared and save your money. Make big profits! Happy trading!Longby YongTung9917
Occidental petroleum updateOccidental petroleum is long for high targets , it’s in last minutes of correction and ready for jump Longby NEOVOLUME3
OXY short? 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.Shortby rjloura113
Bet against buffet!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!Shortby adamiles2
OXY, 10d+/18.68%rising cycle 18.68% more than 10 days. ================================================================================================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only. Longby Tonyder0
OXY Short 2-2 Reversal Looking at OXY tomorrow for the 2-2 Rev with the failed 2 using The Strat on the daily, TFC on the monthly supports it and the weekly still being and inside candle shows it has still lacked choosing a direction this week. Shortby Yourboydc0
OXY Bull flag 🚀Once upon a time there was a young alpha male called Warren. He was a hungry boy and loved food, like really loved food so he gate crashed a few wedding, stealing all the food and cake laid out on the tables for the guests to eat. Longby thinkCNE0
OXY, 10d+/17.74%rising cycle 17.74% more than 10 days ================================================================================================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only. Longby Tonyder0
OXY: Trend Analysis + Key Points to watch from here!• Since OXY found a top around $76 (red line), it triggered a sharp correction to its Fibonacci’s Retracements; • There’s still a chance OXY will remain bullish, and break the previous top, however, it must react as soon as possible around the retracements; • The key point seems to be the 61.8%, which did a very good job holding the price a few days ago (Nov 09), when the volatility increased; • Only if OXY loses the 61.8% it’ll frustrate any possible bullish bias in the mid-term, and it would seek the next support at $62; • In addition, the 61.8% retracement is the trigger point of a possible Double Top chart pattern; • Therefore, let’s pay attention on how OXY will react around the retracements. Remember to follow me to keep in touch with my analyses! by Nathan_The_Finance_Hydra119
OXYOXY is still bullish on all major timeframes. Expecting more bullish momentum. The first bullish price target is around the $85 level Longer term price target could be the $100 level. Longby Obringer0
$OXY for a new high ?Will bulls rally up to push this to new highs or fall short. Currently trading at $70.48. Daily Chart resistance around $75.30, than a possible pull back to 70 range or lower before rallying up to higher highs. Trendsi Indicators shows bullish momentum (middle band EMA) currently green. money momentum (white line) moving just above EMA line. Currently a red dot meaning a (sell signal), waiting for opportunity to transition to green dot for a buy order or get into a long position. Overall movement with catalyst and news about oil will send this into a bullish momentum. Will definitely have this on my watchlist. Trade safe and Trade smart everyone. Happy Trading's. Longby rc9257Updated 2
$OXY with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $OXY after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 42.86%. Longby EPSMomentum0