Trend_Trader_JSE

Occidental Petroleum Corporation strong uptrend

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NYSE:OXY   Occidental Petroleum Corporation
OXY is resuming with the uptrend. The price is back above the 50EMA, implying a semi-strong trend. Keep in mind that the XOP is also above this level, showing strength in this sector.

I'll be adding to my existing position with a stop loss at $28/share.

Remember to practice sound risk and money management.

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