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Benzinga

Business

Mark Putrino

Stock Of The Day: Will Occidental Petroleum Break Out Of Triangle Pattern?

Occidental Petroleum NYSE Occidental Petroleum Corporation

Milan,,Italy,-,November,1,,2017:,Occidental,Petroleum,Logo,On

Trading in Occidental Petroleum Corporation (NYSE:OXY) is quiet on Monday. But the stock is still in an uptrend and it may continue to remain in it.

A classic ascending triangle pattern has formed on the chart. This could have bullish implications, and it is why Occidental is the Stock of the Day.

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