SHORT OXY/ BUY 8/18/23 60 PUT
Oil is up yet again today and the oil stocks are squeezing higher with the commodity. The beauty of commodities-related stocks is they tend to trade very technically. Oil is bumping up against serious resistance here in the high 70’s and you can see on this stockstotrade levels chart that we’re bumping against resistance in OXY too at 62.5 share.
1 Star trade last half hour