Stock Of The Day: Will Occidental Petroleum Break Out Of Triangle Pattern?
Trading in Occidental Petroleum Corporation OXY is quiet on Monday. But the stock is still in an uptrend and it may continue to remain in it.A classic ascending triangle pattern has formed on the chart. This could have bullish implications, and it is why Occidental is the Stock of the Day.Check out how OXY stock is currently doing here.Many technical analysts don't understand the fundamental principles of the analysis. They mindlessly look for patterns on charts without understanding the price action and tr ...