OXY - Energy Sector Still Strong1) High Tight Flag on the weekly supported by extremely strong buying volume. 2) Tight consolidation observed on the 30 min with greater buying volume and smaller selling volume. 3) Risk : Reward for the trade is 1:3 4) Not financial advice, happy trading!Longby cletibalsUpdated 2
Long scalp OXYBased on its uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF OXY exceeds yesterday's high of $60.23 during today's session.Longby MrHalfPercent112
Oxy Oxy has been strong with good RS, respecting that 50sma, and looking at the 30min chart its up and over the 5dma.. maybe it continues higher.. just not really excited about buying much of anything in this market... Longby cdarbonne33441
OXY: Can earnings boost momentum?!Occidental Petroleum Short Term - We look to Buy at 55.37 (stop at 50.76) Trading within a Bullish Channel formation. We are assessed to be in a corrective mode lower. Our expectation now is for this swing lower to continue towards the bottom of the trend channel, to complete a correction before buyers return. Earnings news could provide a good catalyst for the move. Our profit targets will be 67.90 and 72.00 Resistance: 60.00 / 64.00 / 68.00 Support: 55.00 / 52.00 / 49.00 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre. Longby VantageMarkets227
$OXY Hit Target 63.60$Despite the very weak market, $OXY hit the target of 63.60$Longby Diplo_Trades1
Trend Determination Chart (OXY)This is a trend determination chart. Price is above all the major moving averages (20, 50, 100, 200 SMA). Supertrend is showing uptrend (Green). Price is above the Green Ichimoku cloud . Aroon - Green line crossed above Red line ADX/DI NYSE:OXY - Di Green line above the DI Red line. ADX is above 25 It generates a BUY signal. To pinpoint entry/exit point, you need to see other indicators like RSI, CCI, Stochastic, MACD extra. Longby Wormhole007111
$OXY Breakout with Target 63,60$$OXY with a nice #HeikinAshiRangeBreakout and reclaim of lower band of vwap - short term target 63,60Longby Diplo_Trades1
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OXY FlagAnother one flagging that I am watching to the upside., Could easily see $78.50 It has to break $64 resistance thoughLongby TheBullandBearLoungeUpdated 0
OXY - A move above the high should start a new rallyLooking for this one to go to 78$ at first. Positive earnings last few quarters and good looking volume pattern indicate a potential breakout is imminent. The wave count suggests we are finishing a wave 4 of higher degree wave iii.Longby ElliottWaveBelgium775
OXY - could break out of consolidation soon?After trading up strongly in late February, OXY went into consolidation for the past 6 weeks, forming a right angle wedge. It is now looking like a breakout to the upside is near. If and when it does start closing above 62.50, i will be looking at targets of around 72 (wedge breakup target) to 77 (a prior high way back in June 2018). Disclaimer: Just my 2 cents and not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance and don't forget that money management is important! Cheers. Longby Juliac112
$OXY Power Play SetupPotential Hight Tight Flag #PowerPlay on $OXY with mini coil One of the oil names on primary watch list for next week.Longby TaPlot9
OXY getting tight. . .................................................................................................................Longby cdarbonne33441
Can $OXY Continue To Breakout?$OXY has broken out several times and went on a nice run-up due to the in-demand sector it's a part of. I'm still seeing lots of indicators that led me to believe it can keep running with the strength it has. If it breaks over the $63 level then there will be more upside for $OXY.Longby Dwebb2050
Bedside fairy tale How do successful traders of odds become 1- Peace of mind, low-key goals This is a conservative trader: set low annual earnings targets and settle for more than 20 per cent; Do not want to have large fluctuations in capital equity; Leverage in real trading is a third of what it was when he was younger. 2- Relatively pure theory and method Three types of people are not suitable for commodity futures trading: (1) day traders; ② stare at more than disk; ③ Those who are emotionally serious 3- Keep pace with The Times, good at summarizing and self-improvement Some personalized solutions are proposed for breaking the market: don't chase the market for missed trading opportunities; Once you have taken profits in a market, avoid trading in that market for a few days 4- The ability to improvise There is a sugar trade in which the author was initially very bullish on a long breakout, but it backfired: the upside breakout was false, and then he made huge profits by shorting the downside breakout 5- Good sense of risk control Successful market speculation is based on risk management. Like Texas Hold 'em, how you play your cards well is more important than what you are dealt. Futures Sniper: 21 Weeks of Trading WinnersLongby Haoge778
OxyManaged to break back into my support. So cme in as a fake breakdown starting. This could turn bullish since it’s so tight in between support and resiatnce. I still see a long term risinf brodenig wedge but if we pop and hold 58s I’ll be watching 60s and high of 68 or old high. It was looong bearish Howver that drop could still turn into a double bottom as we found support at previous low range. I’m still not convinced but I’ll flip my bias short term if this starts pickup steer. I did get stopped out of a few contracts I opened at 57.40s. In profits. Got a few more I may stop out if we close above 58sby Erictaylor1
Oxy So far the short is working out beautifully I ended up adding on the little pop we got this morning. We can see that we have now broken down from that 5550 area. The target of this is the bottom of this whole channel, but nothing go straight down. The first support area that I would be watching is the 54.53. That was an area that we saw a WIC recently that pushed us back up and buyers may sit there hoping for a bottom. If we get a bounce there most likely it will come back up in retest the breakdown of the pattern and another great opportunity to short. If it can’t break back above 56 of course, adding more to your short there would be smart. The next targeted move down would be roughly the $51-$50 range. And obviously if that was to be lost, we could see much lower prices but this could take a month to play out. So if you’re buying puts, make sure you’re giving yourself enough time for price action to set up for more Barash movesShortby Erictaylor0
Oxy Next one to break down I. Oil sector. Us oil started the trend oxy about to follow. Look for a break of 55.40 and confirmed break down ! Target to start is 50.80Shortby Erictaylor111
Occidental has strong resistance at $ 80Occidental has strong resistance at $ 80. According to Fibonacci it's in uptrend. We can reach the $ 80 resistance in my opinion.Longby Rich_Exclusive_Trading0
OXY breakoutHey folks happy weekends! Here is a great stock to keep on your watchlist!by kenhuangsy25
OXY - ready to breakdownOXY’s negative RSI divergence in the overbought zone has now been followed up with a confirmatory PPO sell signal. A drop to 47-50 area looks likely. Shortby IronFlyLtd110
Recap: 3/24 OXYStrat play 4/2 57p Setup: 1-2-2 bearish revstrat Theoretical gain: 1.13->1.74 Wide spreads at open + market chop, didn't enter.Shortby pmok30
Occidental Petroleum (NYSE: $OXY) Boost By Berkshire Hathaway!🛢Occidental Petroleum Corporation, together with its subsidiaries, engages in the acquisition, exploration, and development of oil and gas properties in the United States, the Middle East, Africa, and Latin America. It operates through three segments: Oil and Gas, Chemical, and Midstream and Marketing. The company's Oil and Gas segment explores for, develops, and produces oil and condensate, natural gas liquids (NGLs), and natural gas. Its Chemical segment manufactures and markets basic chemicals, including chlorine, caustic soda, chlorinated organics, potassium chemicals, ethylene dichloride, chlorinated isocyanurates, sodium silicates, and calcium chloride; vinyls comprising vinyl chloride monomer, polyvinyl chloride, and ethylene. The Midstream and Marketing segment gathers, processes, transports, stores, purchases, and markets oil, condensate, NGLs, natural gas, carbon dioxide, and power. This segment also trades around its assets consisting of transportation and storage capacity; and invests in entities. Occidental Petroleum Corporation was founded in 1920 and is headquartered in Houston, Texas.Longby RedHotStocks2213