So if you didn`t bought XOM when i called the double bottom:
Then maybe now you`ll jump into the Fear of Missing Out!
They pay great dividends too!!!
6.16% DIVIDEND YIELD
If you are interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the...
Oil is undervalued.
XOM is relatively strong compared to SHELL & BP.
XOM did not make a LL while SHELL & BP did.
Chevron is strongest and leading the way.
End March and April are seasonally bullish months for XOM.
Oil companies have been hit hardest by the drop in oil price in the first quarter of 2020. Since then, oil has been rapidly recovering. Locally, Exxon Mobil has followed the same trend.
Exxon Mobil Corp (XOM) is moving in a large downtrend channel. We are below the middle line of this channel. If we break it, it will reach the upper resistance line.
Best regards EXCAVO
Not saying this one is "special" to me, but I think I will always remember the day on March 20 (three days before bottom) when I bought my first 9 shares of XOM at near 30$. Not sure where it goes, but I can see myself continuing to hodl my now 100 shares for a while. As always, I should have bought more while down there, but DCA as we've gone up and down has...
This chart ( USOIL / DXY ) Is the price of oil in relationship to the strength of the US dollar , expressed as a ratio. First, Lets look at price action. The current value is near a major trend line stretching back to the 2018 top and including the 2020 top.The second trend line sees the price also rejected another buy zone back in November. The third trend line...
At the start of the year with EV on everyone's lips I wanted to be contrarian. What is the sector that is MOST HATED in the market? Energy... specifically "dirty" energy. NYSE:XOM at the very start of the year was trading below Book Value. Through all of these price shocks to oil and a bearish energy market they have not ceased or cut their dividends. Even...
Good morning traders, today we bring you a bullish scenario that we consider interesting in EXXON MOBIL.
🔸From a technical perspective, we can detail that the price bounced off a strong Support Zone.
🔸Then, it broke to the upside the Descending Trendline and continued its upward movement, with a marked uptrend.
🔸We see that the price began to consolidate in a...
Wednesday, 6 January 2021
11:10 AM (WIB)
EXXON has a great possibility of rising higher in this new year 2021, following the Oil Industries that shows significantly to rise.
It already broke the descending channel and starting to rise from now on.
"Live to Ride and Ride to Live"
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Hi fellows, just one of my today swingrades:
As you can see ERY bottomed out and forming a bull flag pattern.Rising bull momentum is there clearly represent by divergence on Momentum and CCI...
XOM bearish scenario:
We have technical figure Rising Wedge in US company Exxon Mobil Corporation (XOM) at daily chart. ExxonMobil is an American multinational oil and gas corporation. ExxonMobil is one of the largest of the world's Big Oil companies. The Rising Wedge has broken through the support line at 22/12/2020, if the price holds below...