Occidental Petroleum (OXY) - Trade Stocks

Occidental Petroleum (OXY)

By Fri, Apr 8, 2022

Hey,

One of our favorite companies, Occidental Petroleum, is heating back up.

Warren Buffett has been loading up on this company — including purchasing a number of warrants (which are like options, but offered by the company instead of an exchange).

I love OXY above 60, traveling from there to 88.

We’ve made money with OXY before — and this time should be no different. 

If you’re feeling frisky, grab some warrants to supersize your potential gains.

Til next week, good trading,


JC Parets

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About the Author

JC Parets, founder of All Star Charts, specializes in finding the most opportunistic risk vs. reward propositions while at the same time bringing a top/down approach to the marketplace whose wide spectrum is rivaled by few. JC begins with a long-term global macro perspective and then works his way down to the individual sector and industry level before ultimately isolating the stocks that best portray a particular thesis. Price is the most important technical indicator, but JC uses supplements such as Momentum, Relative Strength, and Fibonacci analysis to complete the process.