OXY going to rebound / Target $60 for 2019
Fundamental trade: Dividend since 1970, even with canceling dividend next year saving the company 2.5 Billion for debt payments Fueling the snapback, contrarian move => too much negativity. Board Members share purchase, Revenue and Earnings are rising since 2017
Technical: extreme Oversold on Monthly/Weekly Chart, Chanel resistance, should reach 80 by the first quarter of 2020
Risk: next support $30 then $4
check out Option Play as they are interesting moves made, especially Call/Put for January 2020
My Target: $60 by December 2019 and $80 next year
Technical: extreme Oversold on Monthly/Weekly Chart, Chanel resistance, should reach 80 by the first quarter of 2020
Risk: next support $30 then $4
check out Option Play as they are interesting moves made, especially Call/Put for January 2020
My Target: $60 by December 2019 and $80 next year
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