TradingView
justinsandell
Jan 22, 2021 7:18 AM

XOM Bearish Short

Exxon Mobil CorporationNYSE

Description

Energy sector as a whole is getting beat up right now, and Exxon is giving bearish signals.

Negative momentum, failure to fill a gap, low volume
Comments
chapmanzeb305
I got absolutely fucked on 46.00 puts today
justinsandell
@chapmanzeb305, Sorry to hear that, Its a little bit late to the trade, I posted this last thursday. It could still head downwards bc energy is getting beat up - but my advice is to trade spreads rather than naked options, much safer for your $$$
ralphkaz
Just had golden cross - after which typically we get a bounce off support (just happened) then a nice rally (coming up next)
UnknownUnicorn12070690
yeah but monthly still bullish
More