$OXY Occidental Petroleum Corporation Stock Robo Analyst March 12 2020 #OXY
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 11.69 and 9.31. If the stock breaks down through support at 11.69 then it will probably continue lower to 9.31. The stock has resistance at 33.52 and at 37.25. If the stock breaks up through resistance at 33.52 then it will probably continue higher to 37.25. The 200-day moving average is at 43.31. This will also act as resistance. The stock is extremely oversold according to the Stochastic Indicator (8.60).”