Oil to da moohn
The horizontal grey lines are yield curve inversion dates.
Just take a moment to look at the long term trend, then the similarities to prior cycles
(used some green and red circles to help visualize)
200 week SMA has just tested as support as well.
Williams % monthly bottomed out
Bullish div on monthly MACD
I prefer buying OXY over CVX but some people like the dividend here.
I have to say though, the divvy and buybacks on OXY will be crazy good once they pay off debt.
Just take a moment to look at the long term trend, then the similarities to prior cycles
(used some green and red circles to help visualize)
200 week SMA has just tested as support as well.
Williams % monthly bottomed out
Bullish div on monthly MACD
I prefer buying OXY over CVX but some people like the dividend here.
I have to say though, the divvy and buybacks on OXY will be crazy good once they pay off debt.
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