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Occidental Petroleum (OXY) Bullish Technical Alert - Trend Up 26.7%

Occidental Petroleum (NYSE:OXY) is trading 2.5% higher (up $2.04 to $83.73) today on volume of 1,950,132 shares. The stock has breached its 52-week high of $83.25.

Occidental Petroleum is currently above its 50-day moving average of $75.53 and above its 200-day moving average of $64.03.

SmarTrend is bullish on shares of OXY and our subscribers received an Uptrend alert on July 15, 2009 at $66.06, which has returned 26.7% to date.

Write to Chip Brian at cbrian@tradethetrend.com

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Related terms: market, nyse, petroleum, securities

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