Exxon Mobile - 30d expiry - We look to Buy at 108.31 (stop at 105.91)
There is no clear indication that the upward move is coming to an end.
We are trading at overbought extremes.
Levels below 109 continue to attract buyers.
We look to buy dips.
The move has rejected gains and is expected to disappoint buyers.
The hourly chart technicals suggests further...
Want to play the earnings of the company that makes more money than God himself? :)
If you haven`t bought my last call, at $75:
than you should know that before he see this Double Top Bearish chart pattern fulfill, there is still some upside left for XOM.
Looking at the XOM Exxon Mobil options chain, i would buy the $110 strike price Calls with
2022-12-16...
SNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly...
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.
