Descending Triangle Breakout
Updated
OXY broke out yesterday from a down trend line with volume to confirm strong buyer interest. I'm wanting to see a price pullback before I make my long entry.
Buy to open = Around $60
1st profit target = $62.50
Stop Loss = $59.50
Buy to open = Around $60
1st profit target = $62.50
Stop Loss = $59.50
Trade active
Entered the trade today during a pullback at the open. New profit target at 64.50
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