Exxon Mobil. Dividend aristocrat. Dividend stocks, when you look at historical data, have performed well since the last rate hike in the cycle. Finish correction. tp1 117 tp2 133
Having not reviewed Exxon Mobil for a while, it's important to note its strong correlation with oil prices, on which we're currently positioned in a short trade. Accordingly, we also anticipate a downward trend for Exxon Mobil that has yet to conclude. The construction of Wave E or overarching Wave (A) peaked at approximately $96. The critical question now is...
Fan pattern, self explanatory. Message too short. Message too short.
If you haven`t bought XOM ahead of the previous earnings: Then analyzing the options chain and the chart patterns of XOM Exxon Mobil Corporation prior to the earnings report this week, I would consider purchasing the 105usd strike price Calls with an expiration date of 2024-3-15, for a premium of approximately $2.37. If these options prove to be profitable prior...
The logic is that price will gravitate to liquidity. Exxon Mobile seems to have an abnormal amount of liquidity sitting above all time highs. Gut says we take out those highs pretty soon. Here are some other considerations: -Exxon Mobil also currently has the highest percentage of short interest in modern history. -The company has a low valuation of 11x...
1-hour chart, the stock is trying to beat the resistance, but still does not have enough bullish power. However, it seams it will rebound soon,and after crossing the resistance (blue line) around 104.7, the target will be 111.6 - A rising wedge chart pattern. Below support A, the next down target will be support B line. RSI is positive
This idea beholds 6 of the largest Energy companies in the world. (Shell, Chevron, Exxon, BP, Duke, and OXY Petroleum.) These macro schematics have been crafted through meticulous Fibonacci techniques. I've laid every one on a 3 month timeframe starting at 1988. History buffs will understand the time reference to the rough "start" of Middle Eastern...
If you haven`t bought XOM when they made "more money than God" here: or ahead of the previous earnings: Then analyzing the options chain and the chart patterns of XOM Exxon Mobil Corporation prior to the earnings report this week, I would consider purchasing the 110usd strike price Calls with an expiration date of 2023-10-27, for a premium of approximately...
Exxon Mobil is trading between the MA50 and MA200 (1d) which is approximately the 0.618 - 0.5 Fibonacci range. Technically the most usual buy opportunity is on the 0.236 Fibonacci level. Trading Plan: 1. Buy when the 0.236 Fibonacci level breaks. Targets: 1. 119.00 (the High on 3 separate occasions). Tips: 1. When the RSI (1d) is on a downtrend and reverses to...
Electric vehicles are growing so fast that Exxon Mobil is preparing for a future when "customers don’t need that gasoline". Exxon Mobil Corp., which operates one of the world’s biggest oil-refining networks, is trying to be more responsive to changing consumer demands as the energy transition gathers pace. The changes it’s considering include potentially...
Hello There! Welcome to my new analysis about XOM on several timeframe perspectives. The oil market has shown up with a massive pullback to the downside since the war developments have put heavy pressure on the whole oil market and drove the supply rally within the market. Since then the market managed to recover with a substantial rally moving into new...
XOM has shown a consolidation pattern This chart shows the weekly candle chart of ExxonMobil's stock in the past 4 years. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, ExxonMobil's stock has shown a consolidation pattern of high to strong overall after completing a small level double top at the beginning...
Double top form of ExxonMobil's stock has been completed This chart shows the weekly candle chart of ExxonMobil's stocks over the past 4 years. The graph overlays the bottom to top golden section at the beginning of 2020. As shown in the figure, the small-scale double top form of ExxonMobil's stock has been completed. Now, there is a long short competition at...
If you haven`t bought XOM here: Or when they made more money than God: Then analyzing the options chain and the chart patterns of XOM Exxon Mobil prior to the earnings report this week, I would consider purchasing the 105usd strike price Calls with an expiration date of 2023-8-18, for a premium of approximately $2.16. If these options prove to be profitable...
I've had a number of successful calls on crude oil, which you can find in my post history. In those calls, I had always been bearish on oil, anticipating a run to a 4-handle. However, I reassessed my prior assumptions when the MMs took out the Low Of The Year in quick order to start May. I haven't been particularly sure in the time that has passed, but between...
The dividend day is behind us and the people bought for hefty dividend will pull out. A lot hesitation for going higher, at least not before a revisit to 200MA in my opinion. A little calculated short position seems to worth it! DO YOUR OWN RISK ANALYSIS!
XOM is currently displaying a significant key level on the weekly timeframe. Anticipating a bounce from this key level, the expectation is for the price to move towards the highs around $120. This would mark the fifth impulse within the established channel.
Average analyst target for Exxon s higher at $127.79. Traders who want to take advantage of this may wait to enter the trade near far value of $83.64. Oil prices hare being negatively impacted by the current economic environment and there could be some near term downside ahead of greater summer demand. Those looking to invest should know that the longer term...