OXY Bears coming?
Occidental Petroleum Corporation looks like it wants to fill the Fair Value Gap below current PA.
2 scenarios:
A: Price disrespects Bullish OB and drops, or
B: Price respects Bullish OB and push higher into Fair Value Gap (~65$) and drops from there.
There's a lot of targets below the current PA, but lets focus at the first one: 50$ ~ -20% from Today's price.
Wait for confirmation, no entry without LTF Confirmation :).
2 scenarios:
A: Price disrespects Bullish OB and drops, or
B: Price respects Bullish OB and push higher into Fair Value Gap (~65$) and drops from there.
There's a lot of targets below the current PA, but lets focus at the first one: 50$ ~ -20% from Today's price.
Wait for confirmation, no entry without LTF Confirmation :).
Penafian
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