Double top form of ExxonMobil's stock has been completed

NYSE:XOM   Exxon Mobil Corporation
Double top form of ExxonMobil's stock has been completed

This chart shows the weekly candle chart of ExxonMobil's stocks over the past 4 years. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the small-scale double top form of ExxonMobil's stock has been completed. Now, there is a long short competition at the bottom of the figure against the 3.000 and 3.272 positions in the golden section, and it is likely to break down in the future! For a period of time to come, just use the long start level of ExxonMobil's stock in late March this year at $99.63 as the long short divide!

Stay ahead of the markets with thinkmore. Unlock professional-grade analysis, make informed trading decisions, and seize profitable opportunities. Embrace the world of finance, gain a competitive edge, and elevate your trading game with precision and

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.