OXY going to rebound / Target $60 for 2019
Fundamental trade: Dividend since 1970, even with canceling dividend next year saving the company 2.5 Billion for debt payments Fueling the snapback, contrarian move => too much negativity. Board Members share purchase, Revenue and Earnings are rising since 2017
Technical: extreme Oversold on Monthly/Weekly Chart, Chanel resistance, should reach 80 by the first quarter of 2020
Risk: next support $30 then $4
check out Option Play as they are interesting moves made, especially Call/Put for January 2020
My Target: $60 by December 2019 and $80 next year
Technical: extreme Oversold on Monthly/Weekly Chart, Chanel resistance, should reach 80 by the first quarter of 2020
Risk: next support $30 then $4
check out Option Play as they are interesting moves made, especially Call/Put for January 2020
My Target: $60 by December 2019 and $80 next year
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.