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To: BigBull who wrote (65391)4/27/2000 9:36:00 PM
From: pilot_light  Respond to of 95453
 
OXY- Will it break out?

OXY looks like it is approaching resistance in the 22-$23 range. I am a novice when it comes to TA, but I have noticed that the volume has been lower than usual. My "simple" interpretation is that with lower volume, it will probably start back down real soon. I am long May 22 1/2 calls on OXY, and I am thinking of getting out, maybe tomorrow. For those of you more experienced at TA, what do you think? Here is a chart:

siliconinvestor.com

Thanks in advance,
Pilot