OXY Deep Dive: This is Your Entry Point for the $65-70 Push

5-minute read | Market Analysis | June 2025

The energy sector has been quietly setting up for its next major move, and Occidental Petroleum (OXY) is positioned as one of the most compelling opportunities in the space. Trading around $45, the stock sits at a critical inflection point that could propel it back toward the $65-70 range over the coming months.

The Technical Setup: Coiled Spring Ready to Unwind

OXY's chart tells a story of accumulation and compression that typically precedes significant moves higher. The $45 level has emerged as a pivotal support zone, having been tested multiple times over the past year with the stock finding buyers each time.

Lets break it down and place our orders.