Occidental Petroleum Stock Technical Analysis | $OXY Price Prediction
Is Occidental Petroleum a good time to go buy? Occidental Petroleum Technical Analysis using Fibonacci tools for a swing trade.
Occidental Petroleum had a decent pullback recently. Let's see if this pullback is a good place to long $OXY
Today, I will also share some recommendations that I gave out the last few weeks in the energy sector using the same Fibonacci Analysis.
Range Resources Analysis | $RRC Price Prediction
https://youtu.be/4OQtNVQPtfA
Diamondback Energy Stock Technical Analysis | $FANG Price Prediction
https://youtu.be/K9vcThuzmr0
Occidental Technical Analysis | OXY Price Prediction
https://youtu.be/5LRwtIevDvE
Valero Stock Technical Analysis | $VLO Price Prediction
https://youtu.be/X74Li2a4Ccg
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This is the Centered Trading Channel. We trade US stocks, stock Options, futures, and currencies. Each day we look at the S&P500, Nasdaq, /CL, and the Russell2000. We focus primarily on Technical Analysis, Trading Strategy, Trading Psychology, and Position Sizing.
I am a student of Fibonacci Analysis and the 3 Price Relationship as taught by Carolyn Boroden (Fibonacci Queen).
Centered Trading has a few key components in our approach.
- Composure
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Trading with Composure means that I must first prepare my mind before I turn on the computer. This looks like meditation, positive affirmations, stretching, exercise, proper nutrition, breathing exercises, & listening to calming music. I must have a deep understanding that all feelings of certainty is an illusion. I must look at the markets with a probability mindset. Trading with composure is to be able to have the mindfulness to examine my current emotional states (fear, anger, revenge, shame, euphoria - all these emotions can override and take me off course). I look at the markets with a sense of wonder and curiosity.
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Trading with Commitment means that I must follow through on my trading plan. I either take a small loss with the trade, ratchet up the stops as the trade goes into my favor, or take profits at appointed profit extensions.
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#OccidentalPetroleum #OXY #CrudeOil #Energy #Tech #StockMarket #Trading #TradingOptions
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