KAS109
Long

XOM Long Idea

NYSE:XOM   EXXON MOBIL CORP
XOM             began recovering with the rest of the market on Friday afternoon. RSI on 1 year daily is oversold @ 35. Dividend stock (77 cents, ex-dividend date 2/12). Excellent opportunity to buy a demand area with relatively low risk. Stop loss below $73.90. I am long and will await confirmation to purchase more shares above $76.94 level in order to reach a reversal pattern on 5 minute chart removing several supply areas. With the recent volatility in the markets, investors are fleeing to the safety and value of dividend stocks. Considering the historic low price of XOM             shares combined with this high quality, cash-rich company, a low-risk opportunity presents itself. Not to mention the current administration is pro-business and pro-energy.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out