XOM seems to be having a hard time getting going bullish, so I'd look for continued downside. Not hugely bearish but doesn't seem like it wasn't to go to the upside; for now. Snagging a bear call vertical for 4/8 at 82/85.
I have been showing many positions with bearish direction recently. This position is meant to be a hedge to many of those, and this is one of the very few I could find that look really good bullish. So going to do the Apr 1 84/86 bull call vert. I like the trade a lot but it is mostly to offset many of the shorts I have open, so I am making this position larger...
Needs to fill gap. Selling momentum in place from recent highs.
I'm still researching, i.e. justifying my bag holding, XOM and NINE have both had good surprises for their earning reports. We'll keep an eye on the rest of the sector as they have earnings reported, but I suspect they are all going to be good surprises for a big win in the next week or two.
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 Mobil Corporation ( NYSE:XOM ) Sector: Energy Minerals (Integrated Oil) Market Capitalization: $359.517B Current Price: $84.92 Breakout price: $83.00 (hold above) Buy Zone (Top/Bottom Range): $82.90-$77.15 Price Target: $85.00-$86.20 (Reached), $98.00-$100.00 (2nd) Estimated Duration to Target: 50-52d Contract of Interest: $XOM 6/17/22 105c Trade price as...
💡💡#SIGNAL 💡💡 $XOM ▶️ Buy NOW + Block 🔴 SLT - 1D (Trigger) #XOM_1D_070322 Due to the conflict between Russia and Ukraine, a significant increase in oil and gas prices is expected.
Goals 73, 72, 70. Invalidation at 88. 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 coming in as a hot commodity right now, with the possibility of banning Russian oil in the US and other allied countries. left the other oil producers to be on the hot list for possible back up producer to counter the banning. for the people who doesn't know, Russia is the 3rd largest oil and natural gas producer in the world. with the banning being imposed,...
Entry: The market opening price Stop loss: 74 Reward/Risk: 2-2.3 Target range: 105 Time Frame: 4-12 wks Possible gain: 20-25% Possible loss: 10-12%% Position size: 5% of trading capital You can see the most important support(green line) and resistance (red line) levels. Best, Dr. Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a...
$XOM has been one of the hot commodity for the past the few months. gas prices keeps surging up and up due to various reasons. for now, oil started to cool down after hitting the ATH and continues trend lower below ema line for the past few days for momentum move. although its started to pulls back, there's a possibilities that it might bounce back up due to war...
Exxon let's watch for a short with a LIS at 81. This one has lots of resistance around 80.
The oil trade has the masses crowding the same trades banks and energy up 26% in 5 weeks. Considering the economic data, the start of a bear market, slowing economy, possible rate hikes and the shift to EV oil got way ahead of itself and I would expect a 12-15% correction in the coming weeks. Some would look at this chart and call a breakout, I think an 8 year...
EVERYONE including me are bullish with Oil sector but I think the sector is facing a significant resistance zone ahead and I am locking in my profit.
XOM had a beautiful Friday. The rev strat setup was lovely and it pushed immediately. Energy has been doing well, so I think it's still on watch. Possible corrective activity, or just a continuous push. If you can catch the bounce, trade it back into FTFC. Can play this both ways or just watch for the move.
$XOM update —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I have a huge tolerance for volatility so please know that. If you’re new to my trade setups please try them on a small scale first. Then go in...
XOM looks over extended and approaching heavy resistance after ER pop. I like the short setup here with MARCH 80 puts opened today, looking for some retracement / pullback expected to cool off the RSI. This isn't a long term idea, just to profit off the expected profit taking that's expected after such a strong move to the upside. First target is $77.5
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...