Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities.
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I actually went long today. I do agree with your TA. I'm seeing higher high and higher low on the weekly. Then Daily, double bottom before immediate trendline break then break above it. I've shorted XOM many times and based on what I'm seeing, it makes sense to actually go long.
basictradingtv
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@RonLegend_1, Definitely a valid opinion, thanks for sharing!
Solldy
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Hmm, pretty interesting publication. I agree with the arguments. I wonder what your long-term asset strategy is?
basictradingtv
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@Solldy, hey man, thanks for your comment; long term is just indices buying but I am mostly short term trader...
UnknownUnicorn15614419
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Correctly noted arguments, some I had not even noticed before. The idea turned out to be informative and useful for further trading. Thanks, buddy!
basictradingtv
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@TradingStat, thanks mate, appreciate your support