Occidental Petroleum (OXY) is making a new 52-week high Monday as crude oil futures resume their rise. In our February 24 review of OXY and the VanEck Oil Services ETF (OIH) , we were bullish with an $87 price target on the Point and Figure chart. With crude oil futures edging back towards their early March zenith another look at OXY seems like a good idea.
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