XOM has recently bounced off of its Fibonacci support while the MACD is displaying a potential buy signal as seen by the continuous reductions in selling pressure. I am bullish on the daily time frame for a swing to 64 but as the daily plays out I want to see if the weekly MACD displays any potential buy signals.
Bullish Signals
-MACD (less selling pressure)
-B% is low
-Bounced off of Fibonacci Support
Bullish Signals
-MACD (less selling pressure)
-B% is low
-Bounced off of Fibonacci Support