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Archive for January 25th, 2023

Posted by Martin January 25, 2023


  After a big jump on Monday, the market acted as expected and retreated back closer to the 4,000 level. Futures are already down and below that level. There was very little to no news for the pop-up on Monday, so it could be expected that today, the market will retreat. But there was no Continue reading →

Posted by Martin January 25, 2023

Technical view: Occidental Petroleum Corporation (OXY)

  OXY is in stage #3. It bounced off its support at $62 a share and now going higher. It is also sitting at the 50-day MA support (on the daily and weekly chart). It may continue going higher until $73 level again.       Based on the valuation of the company trading significantly Continue reading →