Looking for entry at 63.30 Longer term good dividend yield.
* Bearish Shark Pattern * Some indicators are looking bearish on D1.
* Some indicators are looking bullish *Bullish Divengence on rsi and cci... (blue arrows)
Daily chart doesn't show & tell as much as 4Hourly does. Neg MFI divergence to compliment a break of 20 EMA + bearish 20 crossover of 55MA (low). Candle pattern towards top is like de ja vu all the way back to late Jan. OPEC meeting coming up so I'm sure that'll add to a temporary panic sell, but OPEC potentially planning to increase production so depending on the...
Need to look for these type of patterns on daily and weekly, to always keep big picture in MIND and then trade smaller picture of each stock chart.
OXY is eaching its previous low point and MACD, CCI and BB are are low point. There should be a short term bounce.
I'm buying dips in this stock, awaiting a rally after the OPEC meeting this week. A good cue is if we don't hit 66.92 within the next 3 days, so, keep your eyes open to start accumulating positions, and perhaps taking some profits if you're already long and get a sharp rally to the top of the range once more. If that fails, we might see the stock fall lower, but...
Rectángulo acción OXY velas 1 D entrar posición en largo.
just watch out for fake outs. I fell for the last one a few weeks ago, right after i posted the same idea. I fixed the boxes so they are more accurate now. I'll link my old idea if you want but you don't have to bother, this is the same one, but better.