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Great_Reset_Investing
Feb 7, 2023 9:30 PM

Short XOM 

Exxon Mobil CorporationNYSE

Description

It’s risky

But if u need a hedge for your yolo longs

This could be it

Geometrically it can reverse here

Will it I don’t know

But I have to short something so I guess this is it

Will be a tiny % of my positions

I’m generally bearish oil and I know the majority wouldn’t consider shorting this sector

I’ll update if a find something better short in a bull market

NOT TARDING ADVICE

Comment

All I’m really looking for is a return to trend

There is bear div on weekly and daily but wouldn’t be confirmed until broken trend

Comment

Daily bear div but uptrend intact

Trade closed manually

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