badumdum
2022-07-13

$Occidental(OXY)$This is OXY dating back to 2012. The top trendline has been respected. It touched it briefly just on 31 May, and the dailies on the next chart showcases the classic H&S formation. See that most recent red candle slicing below the strong support at $57.12? 


I'd like to think that Buffett knows something we don't because the overall price action tells many of us out here he just disregarded his own axiom of buying "good companies at a fair price rather than fair companies at a good price". All we need is a gentle nudge and the waterfall begins.

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