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OXY forms Slingshot Bearish on June 25
OXY closed up 0.23% on Thursday, June 25th, with volume running 0.7× below average. Slingshot Bearish — typically a warning sign for traders — developed during the session. Key support levels exist at 50.52, 49.82 & 49.21, with resistance at 51.83, 52.44 & 53.14. Additionally, Slow Stochastic points to oversold territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of OXY: D
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