I see some bullish signals on daily and 4h chart for EXXON Mobil Corporation. Here is my trading plan for Exxon: There is a gap around 35 so first of all, i expect this gap to be filled then i will aim 36.23 and 36.50. Stop loss:33.70. Have a nice day, Berk.
You ain't betting against the Rockefeller's company, are you ? Nice bounce off the 61.8 Fibonacci retracement . Send it !
Elliott Wave View in Exxon (ticker: XOM) shows that the stock has an incomplete bearish sequence against June 8 high. The decline from June 8 high unfolded as a zigzag Elliott Wave structure, where wave (A) ended at 44.75 low. Afterwards, the bounce in wave (B) ended at 49.8 as a zig-zag Elliott Wave Structure in lesser degree. The bounce reached the 100%...
Elliott Wave View in Exxon (ticker: XOM) shows that the stock has an incomplete bearish sequence against June 8 high. The decline from June 8 high unfolded as a zigzag Elliott Wave structure, where wave (A) ended at 44.75 low. Afterwards, the bounce in wave (B) ended at 49.8 as a zig-zag Elliott Wave Structure in lesser degree. The bounce reached the 100%...
XOM EXXON ENTRY = Breakout Above resistance at the 236@ 47.73 1st Target = Gap fill 50.60 2nd Target = 58.63 HODL Target = 618@ 76+ ________________________________________________ This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and stay chill, 2degreez
Long Buy Price Market 46 - 48 TP: 62 SL: 43 Your risk: 5:1
Exxon Mobil (ticker: XOM) shows an incomplete bullish sequence from 3.23.2020 low favoring more upside. Short term, the rally from 5.15.2020 low is unfolding as a 5 waves Impulse Elliott Wave structure. Up from 5.15.2020 low, wave 1 ended at 46.63 and wave 2 dips ended at 43.3. Wave 3 is now in progress as another impulse in lesser degree. Up from wave 2 low at...
$XLE energy sector recovered 50% off their recent lows... expect retracement from current levels. the hardest to hit the floor, immediately ricochet the highest up; 2-3 wk PT ~$40 $XOM
XOM XOM is starting a Bull´s Way. Go in with care, but surely you will earn great %. Some values for historical objetives. See what happen, fundamentals say that is undervalued, so might go up. Bullish and LONG! See you later!
Thanks for viewing. This is just from a technical view - earnings may surprise to the upside - and everyone may decide to value the market exactly the same a Jan - Feb 2020 - who knows. My view is bearish because of: Technical: - For those that value Elliot Wave; I cannot see wave (4) and (5) as already having formed - but instead see us nearing the end of wave...
It has been one of the most dramatic years for oil markets ever. From demand destruction caused by the coronavirus to the Russia-Saudi price war to US crude prices turning negative. What does it all mean for the oil industry and ‘Big Oil’? ## Saudi Aramco and Sinopec are not traditionally part of ‘Big Oil’ but they are huge global players worthy of being listed.
I have a channel drawn with an area of potential support. With a first level Crossover attempt on lower timeframe. I can't post the lower timeframe here so I will share it in the updates below. Looking to add 25% of my buy order here. 1-2% stop
1. Broke Trendline 2. Multiple higher high attempt in Price action but fails and now we can see a lower low 3. RSI decreasing with RSI over bought a week a go 4. EMAs crossing over with the price action breaking through the EMAs. ** Fundamentals play strongly in pulling the trigger as we foresee weak oil prices remaining depressed for a while.