Trading idea for Occidental Petroleum Corporation (NYSE)

#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: 31.20; 32.44.