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Aug 23, 2014 11:18 AM

XOM. Quarter Wolfe 5 Waves Completion Example1 

Exxon Mobil CorporationNYSE

Description

Exxon Mobil. Wolfe Waves 5, Quarter(Earnings to Earnings) Trade Complete.

Short at 5 point,. RSI(at around 60-65), Stoch divergence forming.
Movement started, RSI broke channel pattern. broke 50 sma, Ichimoku cloud,
brake_away gap. Broke lower wedge trend_line.
Target 1-4 line reached. (TP). Volume increase at turning point. ATR range.
Coincides with Earnings day.
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