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Occidental
Petroleum Corp - OXY
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January 10, 2007
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Last Trade
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$43.13
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Volume
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13,454,300
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52-Week High
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$55.45
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52-Week Low
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$42.06
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Commentary:
For today's
chart we've chosen to take a look at OXY because the recent weakness in the
oil and gas sector has caused the stock to fall below an influential
trendline on above average volume. As you can see from the chart below, the
ascending trendline has been able to provide support for OXY since early
2004, but the recent break below suggests that we could see a further
pullback.
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Happy Trading,
Casey Murphy,
Senior Analyst, ChartAdvisor
Previous Chart Alerts:
QQQQ
INTU
QQQQ
INTL
QQQQ
EBAY
BJ
ECA
GYI
GM
WMB
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