The Long Investor
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$OXY
🕑 Added 2025-02-19 15:58:22 +0000 UTC$OXY is up +6% today and post earnings after beating on its EPS estimates.
Price has also bounced on its higher low 0.78 Fib at $46 and already back at $51 today after today's move.
This is the weekly chart above so as expected, the 200 WMA is behaving like a magnet again and above $55, we are back into the Buffett Buy Zone, where his average is.
There are no changes to my chart, with a higher high next above $55 and I believe Wave 5 is confirmed and this can go a lot higher, with a PT at $88
Comments
Julien
What's the confirmation that wave 4 is completed?
