A Very Serious OXY-Dent

I have a variety of short positions in the energy sector, and one of them today is doing particularly well: Occidental Petroleum, which gapped down below its range.

 

This is a pattern within a much larger pattern, and since I believe the stock has much lower prices forthcoming, I’ve simply tightened up the stop and am hanging on.

 

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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