kilo1romeo

XOM Exxon Mobil resting buy orders below $81

Long
NYSE:XOM   Exxon Mobil
I will be accumulating $XOM Exxon Mobil below $81 as a scale in. Approx $80 down to $78 is a zone that is showing a high probability of at least a significant bounce. Currently XOM is signaling accumulation. It may turn into something more. My strategy is: I'm wrong below $75 and/or scale out some with profit at $85 and move my stop(s) up. This is a risk management strategy.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.