XOM sell @ 99 triggered today. Just a few bucks under the all time high of around $104 a bunch of years ago. The stock could go higher but not for long. If I played options, (I have no stomach for it), I would do a spread here. Personally, I think this fuel shortage is short lived and XOM will become a $50 stock as the world adjusts and petrol is vilified again. Time will tell, and I an read to jump back in when it does. ( the dividend is about 6% at $50). happy trading and thanks for posting your analysis.
zAngus
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Hi there, good work on sharing your first post with the community. We hope it was a fun experience. Hope you have a great day. From mod @zAngus