demyanchuk

Exxon mobil: continuing reflectation of earnings' overvaluation

Short
NYSE:XOM   Exxon Mobil
Main signals:
1- breakout of bulls' trend line
2- flag-consolidation formation

Sell 86.50-86.40 (breakout of flag's bottom line)
Stop-loss 89.01 (flag's high)
Target 79.00 (sizing+stront inclined support)
R/R ratio 1:3
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