Occidental Petroleum formed 2 strong bullish patterns

In the last few months we've seen two bullish formations.

W Formation first and recently a Cup & handle.

The price has broken above the neckline and brim level, and now the price seems to be retracing to a conservative level of entry.

With the higher lows and clear signs of demand, it looks like this market is poised for growth.
7>21>200
RSI>50 - Higher lows
Target $80