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Sascha_Gogolin
May 21, 2017 2:47 PM

Short term corrective structure suggesting bearish continuation Short

NYSE:XOM1D
Exxon Mobil CorporationNYSE

Description

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Sellers can look for opportunities around 83.60 to get short, targeting 80.40 primarily. Breakdown of the corrective structure would suggest even more bearish pressure.
priceactionTechnical AnalysisSupport and ResistancesellingshortBearish Patternscorrectivestructure
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