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$OXY faced rejection at descending resistance again last week. Price tested the level but couldn't sustain the breakout attempt, instead closing with a gravestone doji formation right around the 50 EMA. This candlestick pattern sends a clear signal: upside momentum has stalled. Sellers showed up aggressively near resistance and took control. The chart tells you everything—the bull case ran out of steam at this critical zone. Watch whether $OXY can hold support or if bears will continue pressing lower. This setup matters for anyone tracking $OXY's next directional move.