Hope Everyone Has Made Good Points in Exxon Mobil Today, Profit Everyday as usual. No Stop Loss Since 2020. Levels Are Shared In Advance Small SL & Big Rewards Daily.
Exxon Mobile - 30d expiry - We look to Sell a break of 102.28 (stop at 105.22)
We are trading at overbought extremes.
Bearish divergence can be seen on the weekly (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower.
Short term bias has turned negative.
Short term...