Monday, March 29th, today’s news—the container ship blocking the Suez Canal has been partially floated, oil is falling on hopes that the situation might be resolved soon. European markets are rising on economic recovery optimism, American stocks fall after S&P 500's record close on Friday, Treasury yields rise, dollar is trading …
The overall trend is downward. The upward pattern of the H1 level is truncated, and the price is in the range of 365 and 135 moving averages. A bearish divergence has formed on Awesome Oscillator, and Stochastic Oscillator signals overbought conditions.
monitor the price movement in …
#OXY
The overall trend is upward. The stock is trading in the range of 365 and 135 moving averages. The inclined channel of the descending pattern is broken. The 1-2-3 pattern is formed. Awesome Oscillator indicator shows a bullish divergence.
Trading Idea:
Buy above 27.80.
Stop Loss: 25.32.
Target levels: …
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