OXY rising from buying zone after fall from Head and Shoulders
OXYWarren Buffett's favorite new acquisition is now in an uptrend
and following somewhat of an ascending wedge.
This appears to be a good swing long setup with a
Stop Loss of 71.6 at the recent pivot low and a
Take Profit at the neckline of the head and shoulders pattern which signalled
the downtrend at 73.83. I will trade this with the call options
expiring 11/18 with the strike of 73.
Trade ativo
OXY popped on Friday as did its call options. Took a partial and look formore action in the upcoming week.
Aviso legal
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