OXY here on a weekly trendline

Bullish here at $56 to target 90.81 within a few months
Personally grabbed Jan 2025 calls

I think we either get a DIRECT bounce from this spot, OR we see a failed breakdown scenario first, but ultimately the target is the same.
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posted a new updated chart and idea however same play here the long at 56 in a multi year pennant now getting ready to breakout
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OXY continued strength coming up to test the multi year breakout line at 72-74

The JAN 2025 calls as mentioned are doing well.
Chart PatternsTrend Analysis

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