OXY short?

10 ธ.ค. 2022

OXY is way up in comparison to crude oil futures. Futures are flat YTD, and OXY is up 104%.

OXY also recently crossed the 200 day SMA on 2 December. They've done that before recently and popped back up.

There seems to be some support around 61/share. If it breaks below that next support is around low 50s.