Greetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox). Pra Trading : - Please care for Money Management - Have a good psychology - Do not be hurry to open position and do not do...
Volume35,603,364.00 Close price56.49 Duration27 days What It Means The increasingly higher lows and constant highs within this pattern tell us that buyers are more aggressive than sellers, confirmed by a breakout through a resistance level to signal a continuation of the prior uptrend.
Greetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox). Pra Trading : - Please care for Money Management - Have a good psychology - Do not be hurry to open position and do not do...
Technical Analysis / Trade Setup There could be a trade coming up next week in energy. The 50sma has worked as support 2 consecutive times, and could potentially do it again. This level is also coincidental with the 50% Fibonacci retracement level & 2020 highs; which suggests this support level has more strength. Backtesting Data There is a very...
Greetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox). Pra Trading : - Please care for Money Management - Have a good psychology - Do not be hurry to open position and do not do...
Greetings Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX,...
BP has formed 2 cup and handles, a smaller one inside the larger one. Price target remains retracement upward, around 31. following 31 we can see 37 by EOY. On the fundamental side take a look at the 20 year crude futures chart. W We just broke out of immense resistance line at 60 dollars a barrel. Crude can expect to see $75 shortly which only helps oil stocks...
$XOM Leap play that I am in Huge block orders were coming in with some great long term UOA as well as very bullish inside buys. Loved the chart and figured money would start to transfer out of treasury bonds due to high rates and into blue chip dividend stocks.
Will XOM first do a little consolidation here in the channel before breakout, or will first make breakout and retesting before "touch the sky" on approx. 74,12 is up to see. Time will show the right way. * Support and resistance level are on monthly chart. :) NYSE:XOM
Not saying this one is "special" to me, but I think I will always remember the day on March 20 (three days before bottom) when I bought my first 9 shares of XOM at near 30$. 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...
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.
Filled @ $0.63 - Buy 4 Jul-16-21 $70 Strike Call NYSE:XOM
NYSE:XOM is forming perfect cup & handle pattern. Its move could be toward 64-65.
Buy from 38.45 and 37.07, stop 35.60, target 50.00
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...
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