OXY long

Aggiornato
Buffet name, pretty good value name in this environment

Insiders buying pretty heavy

fundamentally,
- operating margin was up significantly in 2022 at an average of 36.6
- net income up huge over the last 6 years average
- assets to liabilities is solid: ~75b in assets, ~45b in liabilities
- free cash flow up significantly last year, and well over 6yr average
- p/e is an avg of 5, p/cf is an avg of 3.75 for '22

technically,
- long term vwap anchored to the last higher low before '22 regime change acting as weekly support
- weekly RSI getting close to bottoming territory
Commento
dip buy with a convincing hold on 55

if we go below 55 the recession is in the bag, so you better gtf unless you want to try and DCA and catch a falling knife at 45
Fundamental AnalysisTechnical IndicatorsTrend Analysis

Anche su:

Declinazione di responsabilità