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Occidental Petroleum Corporation (OXY) “On a long-term technical basis, the stock (OXY) is trading below its 200-day moving average which implies it is in a negative trend.
The stock has support at 15.29 and 9.06. If the stock breaks down through support at 15.29 then it will probably continue lower to 9.06. The stock has resistance at 25.79 and at 28.91. If the stock breaks up through resistance at 25.79 then it will probably continue higher to 28.91. The 200-day moving average is at 39.36. This will also act as resistance. The stock is slightly overbought according to the Stochastic Indicator (65.82).”
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