$OXY - Rising Trend Channel

🔹Breakout resistance at 65.90, indicating a potential further rise, and potential support at 65.90 in case of NEGATIVE reactions.
🔹POSITIVE volume balance indicates higher volume on rising days.
🔹The RSI curve indicates a positive trend, indicating a rising trend.
🔹Technically POSITIVE for the short term.

Chart Pattern:
◦ DT: Double Top | BEARISH | 🔴
◦ DB: Double Bottom | BULLISH | 🟢
◦ HNS: Head & Shoulder | BEARISH | 🔴
◦ REC: Rectangle | 🔵
◦ iHNS: inverse head & Shoulder | BULLISH | 🟢

Verify it first and believe later.

WavePoint ❤️