The XOM share price declined from $104 to Kijun Sen first (blue line) and the declined towards to KUMO cloud.
Today it breach the SPAN A and get into the KUMO for more short development.
has a divergence against the share highs and it is on sign. is too.
The thoughts are short until the price gets the $98.22 price for first target. The $98.22 is the SPAN B of KUMO (red line).
The break of 1.618 of fib forces the short scenario. Stop loss above KUMO (102.33).