Occidental Petroleum Corp OXY shares are oversold. They are also at support. And stocks that are oversold and at support tend to rally. That's why our team of trading experts has identified it as our Stock of the Day. Most of the time, a stock stays within its typical or average trading range. But if sellers are extremely aggressive and push the shares below this range, traders say that it is "oversold." This is important because it will draw buyers into the market. They will be expecting a reversion back t ...