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kwabena311
Jun 18, 2022 12:01 AM

XOM 

Exxon Mobil CorporationNYSE

Description

Going into next week we could see this push back to 100$. If this fails to break above 88 we will keep the downtrend to 70$
Comments
Acient1
XOM was a no Brainer trade before, but now, not so much. If you widen that chart to 2018 you can see a clear downtrend to a price of about $65-$70.
Commodity Snapshot
117.00
Prev. Close
117.04
Open
108.41
Day Low
118.93
Day High
109.24
61.75
52 Week Low
129.79
52 Week High
109.24

The no brainer trade is over. Looking for another opportunity with a dividend paying stock. looking at SU with a 10.5% dividend that was paid even when the stock went down, like XOM. It has been a steady stock since 2010. What do you think?
kwabena311
@Acient i do agree with you on that. although with everything going on oil is a must as of right now.
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