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Trade_Integrity

Drop in XOM

Short
Exxon Mobil (NYSE:XOM)  
Trade_Integrity  
NYSE:XOM   Exxon Mobil
Trend Analysis Chart Patterns Technical Indicators XOM Bearish Patterns beartrend S&P 500 (SPX500) Stocks options
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trendanalysis chartpattern indicator xom bearish beartrend spx500 stocks options
6 week consolidation followed by a downtrend confirmation supported by a MACD crossover suggests a further 9.28% drop by Dec 17. Bought Dec Puts.
RSI indicates there is still selling pressure and the 30 day MA has turned downward.
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