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Category Archives: OXY
Occidental Petroleum Price Momentum Indicator
On August 24, 2022, we said the following of Occidental Petroleum (OXY):
“Buying oil stocks at this point, especially Occidental Petroleum, is a setup for failure considering all the better alternatives that aren’t at such extremes in the Price Momentum Indicator.”
A look at the price and the Price Momentum Indicator suggests the value of avoiding new positions in OXY at the time.
Occidental Petroleum Upside Targets $OXY
Below are the Upside Resistance Lines for Occidental Petroleum (OXY) based on the work of Edson Gould: Continue reading
Occidental Petroleum Price Momentum & Warren Buffett $OXY
Below is a chart of Occidental Petroleum (OXY) from 1983 to 2022, reflecting Price Momentum data.