Monday, 1 October 2018
Technical Analysis of Occidental Petroleum Corp (NYSE: OXY): 1 October 2018, Monday, 8.07pm Singapore Time
1 October 2018, Monday, 8.07pm Singapore Time
(Click on Technical Chart above to Expand)
Attached is the Technicals of Occidental Petroleum Corp (NYSE: OXY). The stock has undergone volume absorption as illustrated and the buying is taking over now. Smart monies like this stock and will rally it to the sky. The SCTR confirms that it is a solid company. The green zone has been supported successfully. This is accompanied with a black trendline resistance powerful breakout to the upside. Expected trajectory is as illustrated. $86 resistance is expected to smash through for high upside. Target: above $90.00.