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Occidental Petroleum Corporation
Long
Updated

OXY: Update - Buy on Pullback

823
On the previuos analysis OXY performed very well according to forecast and the first target was reached. We can see that the price created a big engulf candle that is a sign of strong bullish momentum. If the price will give us the possibility to enter again on pullback near $18.30 that would be great to target even $19.70 as the first target again. Otherwise use the next two targets.

Thank you and Good Luck
Note
Previous analysis:
$OXY - The first bull🐂 came near the door 🚪🚀

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