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Rykin_Capital
Jun 10, 2021 9:37 AM

Exxon Mobil at the end of Impulse? XOM Short

Exxon Mobil CorporationNYSE

Description

The picture is not 100% clear, but we are query if this might be it for XOM. It is possible at this stage to have a relatively shallow pullback, to only start rising again. At this stage, it is looking quite likely that we might be meandering locally for a period of time. Markets cannot be timed.

Remember that this is not financial advice and that we are not responsible for your portfolio. Only you are. You must do your own research and remember to act in accordance to your own research. That aside, Fibonacci goals are as ever in green and invalidation is in red. Take care of yourselves out there.

Trade closed: target reached

First three reached by 20th August.
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