The Long Investor
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$OXY
🕑 Added 2025-01-31 10:50:41 +0000 UTC$OXY is looking for the higher low now with this pull back and has already tested its 0.618 Fib yesterday
A hold here above $48 and we are looking for subwave 3 to come in next which would effectively bring this back up to the 200 Day MA which is at $55 now.
Above this level and the price is back into the Buffett Buy Zone, above all important moving averages and moving in an impulse wave.
So holding $48 will be important, losing this level will show more weakness and a lower low should expected here then.
Comments
Shawn
Higher lows made 🎯
