The market looks to be recovery today and the most interesting stocks to me were oil companies (
XOM
,
MRO
,
COP
) which all exhibited morning open volatility spikes. The one I liked the most because it was at at 50% Retracement (see high timeframe below) is XOM so it fits my criteria for a long trade.
I'll be looking for a retest of the last major highs.
This is also an addon positions to a winner from the beginning of 2021 (see Related Idea).
XOM
,
MRO
,
COP
) which all exhibited morning open volatility spikes. The one I liked the most because it was at at 50% Retracement (see high timeframe below) is XOM so it fits my criteria for a long trade. I'll be looking for a retest of the last major highs.
This is also an addon positions to a winner from the beginning of 2021 (see Related Idea).
Comment:
"Be to others the person you needed to meet 10 years ago"
Discord Trading Community: discord.gg/eDfhKvS5AC
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Discord Trading Community: discord.gg/eDfhKvS5AC
Youtube: www.youtube.com/c/NoroksNotepad
Twitter: twitter.com/noroktrade
