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Slingshot Bearish appears for OXY after 0.24% move
On Thursday, June 25th, OXY moved up 0.24% while volume shrunk to 0.6× the usual levels. Slingshot Bearish was spotted, which could indicate a shift in momentum. Key support levels exist at 50.52, 49.83 & 49.21, with resistance at 51.83, 52.45 & 53.14. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of OXY: C
This might just be the start. See what else showed up for OXY today.
Read full article here »