xTraderEyes

Xom Short

Short
NYSE:XOM   Exxon Mobil
XOM

Xom is at 52W high, while oil is 30% lower, for me it's weird how the main reason for the acceleration of the XLE made the correction but XLE didn't.
Waiting for XLE to go down with XOM
Look at the tunnel and the Candles that cannot break, Volume decrease. I'm in



Entry 114
TP1: Fib level 1 - 107
TP2: Fib Level 2 - 103
SL:121

Have fun
Comment:
TP 1 Hit - Loss eliminated
Trade closed: target reached:
TP 2 Hit
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.