Think I posted XOM last week, and I took profit last Friday on my options (more secured in short-term)
(1) this is a weekly chart one
(2) I see WTI oil will rally up again in mid-to-long timeframe
(3) XOM just finished wave 4, aiming higher to wave 5 (66-72)
(4) TAKE A LOOK IN DAY CHART, it could either go to my target price next week, if not, we will see a good CUP AND HANDLE entry zone again.
(5) IMO, you can also consider uso, gush, oxy and others. oxy vs xom is like all vs dal/luv to me.
(1) this is a weekly chart one
(2) I see WTI oil will rally up again in mid-to-long timeframe
(3) XOM just finished wave 4, aiming higher to wave 5 (66-72)
(4) TAKE A LOOK IN DAY CHART, it could either go to my target price next week, if not, we will see a good CUP AND HANDLE entry zone again.
(5) IMO, you can also consider uso, gush, oxy and others. oxy vs xom is like all vs dal/luv to me.
Comment:
**aal vs dal/luv (wrong typing above)