$OXY Occidental Petroleum Corporation Stock Robo Analyst June 17 2020 #OXY

Occidental Petroleum Corporation (OXY) “However, the stock has broken up through an important long-term fibonacci resistance level at 14.93 suggesting the long-term down trend could be turning neutral. If this new level of support at 18.27 holds, look for a move higher to the next resistance level at 24.50.

The stock has support at 18.27 and 17.24. If the stock breaks down through support at 18.27 then it will probably continue lower to 17.24. The stock has resistance at 22.40 and at 24.50. If the stock breaks up through resistance at 22.40 then it will probably continue higher to 24.50. The 200-day moving average is at 31.53. This will also act as resistance. The stock is neutral according to the Stochastic Indicator (59.42).”