QuantitativeExhaustion
Short

Exxon Mobil Corp, not immune to Oil Price Drop

NYSE:XOM   EXXON MOBIL CORP
476 2 19
Chart above shows Head and Shoulder pattern with a descending neckline. Target price for XOM             is 71.39.

Keeping the dividend at current level might keep the Bulls happy for now, but the weight of falling oil             will eventually take XOM             lower.

After Earnings Feb. 02 you could buy 70 April Puts.
snapshot


Detailed Look
+1 Reply
Lanmar PRO
2 years ago
Good job. I see a bottom at 75/76.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Account and Billing Sign Out