Betting on a protracted B Wave. Momentum increasing, zero divergence. Fibtime > 1.0, hence highly likelihood of a flat formation. And thus, more reason to believe a retrace to >0.786 of A. Indicators congruent. Let's see what happens next. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The...
It is time to put Oil on your radar for two reasons. One thing that is really striking is how the stores are already selling completely out of water this weekend, after visiting 8 stores and coming up empty handed. BUT, how will the country be faced with gasoline shortages as mass panic begins to strike into the human mindsets, fear, and much more. Especially...
All of the fundamentals in the world tell everyone that because of mankind's insatiable requirement for oil to fuel its transportation network and electricity generation, supply and demand should result in a new all time high. This is correct. However, before this happens, the condition to be cleared first is that many unpleasant things will happen in the market...
Goals 0.56, 0.49. Invalidation at 0.89. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that...
XOM - Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. - Revenue and earnings beat - Higher oil prices - High volume - Above 200 EMA
$XOM Analysis, Key levels & Targets By request… and thank you because I will play this one… Some of you know that I'm originally an energy sector trader... don't enter this trade unless you know the riskes... and have fun... —- I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my...
The weekly candles for the oil and gas company, ExxonMobil, look quite bearish. This could be the start of a major decline. There is a shooting star pattern forming on the weekly chart, while the oscillators are trending down and while the daily EMA exp ribbon and daily trend lines breaking down. Although anything can happen, it is looking like a major bearish...
XOM is beautifully formed a classic cup and handle pattern. So far, we have break out , pull back and only remaining point to safe entry is a bullish candle above 92.05. First target which was obtained by adding the depth of cup ( shown as H on the chart ) to the break out line is 104-105 USD. Please note the crude oil trend is also up therefore , it is...
@KioseffTrading RSI Optimizer being used & is showing a long entry signal at best performing RSI Crossover.
Exxon Mobile Short Term - We look to Buy at 81.80 (stop at 79.22) Preferred trade is to buy on dips. The medium term bias remains bullish. Trading has been mixed and volatile. We are assessed to be in a corrective mode lower. Our profit targets will be 87.06 and 89.10 Resistance: 90.00 / 100.00 / 110.00 Support: 82.00 / 75.00 / 70.00 Disclaimer – Saxo...
My goal is to try to make traders and investor THINK DIFFERENTLY about markets. I believe as humans we seek validation, comfort in affirming our beliefs, and that manifests in the wild swings of the market when the narrative is proven wrong. Back in January 2021 I made an uncomfortable bet on Exxon NYSE:XOM . It was uncomfortable at the time because the...
EXXON MOBIL CORPORATION show very good bullish signal, if we break the resistance line, there is a high probability of the continuation of the trend.
Exxon shares are trading lower Wednesday as oil prices pull back following recent strength. Oil stocks have been gaining in recent weeks as a result of the Russia-Ukraine conflict and a resulting U.S. ban on Russian oil imports. Exxon Mobil was down 5.88% at $82.62 ahead of the close. The stock broke above the $63 resistance and has been flying since the break...
Is BP set to cash in on the Russian Gas Premium? With a ban on Russian Oil & Gas, will BP break out & reward holders with gains? Nothing real technical here folks just looking for a reversal of the recent downtrend since the invasion of Ukraine.
Exxon let's watch for a short with a LIS at 81. This one has lots of resistance around 80.
Crude Oil futures face significant overhead resistance. However, this does not mean that we are at the top. As inflation rages, CL may eventually break the $92-$100 chop zone. For traders who are long CL, this chop zone is a good exit point and a strong volume close above $100 a reentry point. It is likely that even if CL does not break through the $100 level,...
Today i have 2 relevant price targets for your from the most prestigious analysts: The Goldman Sachs Group prediction is $83 for XOM, which is most likely (to hit the resistance level) and Bank of America which has an optimistic price target of $95. The price targets are plausible, since there is a possible disruption to European energy supplies because of Russia...
Holy cow... ExxonMobil is on a roll! The stock price has been continuously rising (with a few intermittent dips) from a long term standpoint since the March 2020 crash...I think that's likely due to the company's higher amount of transparency in regards to its peers. I'm specifically referring to its 2030 promise of Net-Zero Permian emissions, its continued...