$XOM has been one of the hot commodity for the past the few months. gas prices keeps surging up and up due to various reasons.
for now, oil started to cool down after hitting the ATH and continues trend lower below ema line for the past few days
for momentum move. although its started to pulls back, there's a possibilities that it might bounce back up due to war conflict
between the two countries Ukraine and Russia. once the war is officially started the oil might start move again due to possible high demand.
overall, the market is still very bearish and specially the tech market. please trade cautiously.
Day trade or scalp target play: 02/22/22
Buy call above 76.90 sell at 78.90
Buy puts below 76.10 sell at 75.31
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.
for now, oil started to cool down after hitting the ATH and continues trend lower below ema line for the past few days
for momentum move. although its started to pulls back, there's a possibilities that it might bounce back up due to war conflict
between the two countries Ukraine and Russia. once the war is officially started the oil might start move again due to possible high demand.
overall, the market is still very bearish and specially the tech market. please trade cautiously.
Day trade or scalp target play: 02/22/22
Buy call above 76.90 sell at 78.90
Buy puts below 76.10 sell at 75.31
Hello everyone,
welcome to this free technical analysis . ( mostly momentum play )
I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities
for day trades or scalp play.
If you have any questions or suggestions which stock I should analyze, please leave a comment below.
If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel.
Thank you for stopping by and stay tune for more.
My technical analysis is not to be regarded as investment advice. but for general informational proposes only.