Occidental Petroleum (OXY) - Trade Stocks

Occidental Petroleum (OXY)

By Fri, Apr 8, 2022


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.