EXXON MOBIL CORPORATION

XOM NYSE

probabilityta

XOM was badly beaten due to Covid-19 and when they got removed from the index. However with positive Covid-19 Vaccine, XOM big market Cap player shall not be forget. A stable support seem to be form at the price of $30-$32. Long playout - Long after breakout Long when pullback close to $34 SL @ $30 to prevent from whipsaw.

Mornau-Research

Fellow traders please manage your risk, i will never risk more than 1% of my capital on a trade and i seriously urge you do to the same! I watched Exxon Mobil NYSE:XOM very carefully in the past few days and spotted a possible entry. The structure of the last few days looks like a Wave 1-2-3-4 and we already corrected to the 0.5 retracement. Because of the...

ForexTradingSchool

Great price to enter this stock

ZEDCO

I use 35MA and 15 MA cross over for buy and sell points for medium to long term trades. This provides sufficient hysteresis within the MA's nullify any false entry signals. Entry for XOM was $36.86 and looking for pre-Covid level of $48 or 30% gain. The timing coincides with the announcement from pfizer about a Covid vaccine on 9th November 2020. The...

thetraderboyz

Careful on the oil play with the increase in covid we will likely see a decrease in economic demand for oil with shut downs.

Pholesolus

This is a ratio instrument that tracks the price of NEE shares in terms of XOM shares. NEE is a utility company making strides in installing renewable power into its energy mix. XOM is one of the oldest and biggest dirty oil and gas players. As you can see, the global rivers of capital allocating resources and assigning valuations have, within the last two years,...

NewYork888

Title says it all - Not Advice

saamq

T1: 40 T2: 46 Despite the bad news and the chaos , despite the dump on US oil... the chart is telling us the light at the end of tunnel 💡 Divergence in the weekly and daily chart, smart money is accumulating

Alimajdi

A longterm review of Exxon mobil ratio on Crude Oil it seems an upward trend in crude oil which can drive xom to high targets u see on chart $XOM $wti

IvanElBuenoo

Love when these retracements happen😍

clsewell970

.

IvanElBuenoo

Dont mind me just charting:)

Naim_4x

XOM long

rafeahmed

XOM CMP - $36.08 Looking bearish in higher time frame. One can go for Swing trade setup with the following entry, exit & targets Sell at or above $37.50 - $36 / Stop Loss $38.50 Target1 - $35 Target2 - $34 Target3 - $33 / $31 Disclaimer: This is my view and for educational purpose only.

adxcl

Something interesting I just realized was that if you bought Exxon in 2003 and held till now you have accumulated dividends that exceed the current stock price ($39.03 in dividends vs today's close 36.08). Of course in the meantime the stock has round tripped from 34.09 (2003) to over 100 (2014).

RS_Trades

I believe that the market was being overly optimistic with the Pfizer vaccine news. Crude Oil futures had a similar move with the news. I think the fundamentals for oil companies hasn't changed and that things will only continue to get worse with the rising COVID cases. On a big picture level, investors can see that alternative sources of energy are becoming more...

NAK1987

I noticed while hunting for stat arb pairs that XOM and XLE (Energy etf ) are very very closely paired . They pass a co-integration test at 99% and are correlated at 88%. In-fact, they are so closely paired that they can not be profitably traded as a pair as the average convergence and divergence between them is too close and the spread is simply not profitable on...

WXYXXZ

If a five wave move down will take place, it should target $25/ share Current structure looks like an incomplete pattern, I assume a flat that is in its latest phase (needs to complete a wave C, that should be an impulse).