Exxon Mobil Corporation XOM

Liathetrader Pro+

$XOM seems to be creating head and shoulders pattern. Imo the move for energies has been done, at least for a while. The previous support now acts like a resistance, and it failed to hold above 91.20 yesterday. I would be careful as it might be a change of trend and also could be wave 3 out of 5 on the way down. Still LT trend is bullish. We shall see if the 100MA...

SaeedSajedi Pro

XOM is beautifully formed a classic cup and handle pattern. So far, we have break out , pull back and only remaining point to safe entry is a bullish candle above 92.05. First target which was obtained by adding the depth of cup ( shown as H on the chart ) to the break out line is 104-105 USD. Please note the crude oil trend is also up therefore , it is...

LadyAmalthea12 Premium

$XOM Analysis, Key levels & Targets By request… and thank you because I will play this one… Some of you know that I'm originally an energy sector trader... don't enter this trade unless you know the riskes... and have fun... —- I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my...

Madrid Wizard

Buy When There's Blood in the Street ... After the recent well known events in the financial market and the crypto market I recalled a quote by Baron Rothschild: "Buy when there's blood in the streets, even if the blood is your own." I would say this is very true; however, in the world of trading "Timing is Everything", don't just go blindly with the old saying,...

the_sunship Pro

Once the trendline breaks (and I think very soon) we should come back to retest it and then head down to the 70 dollar area by end of summer. This would create the potential for a larger head and shoulders pattern to play out into 2023.

MonwabisiMagewana

A clear breakout occurred weeks back, but as we all know we are currently at the beginning of a bearish market or in the middle of it thus most traders or investors have been on the sidelines for the past couple of weeks and some bullish investors are on the sidelines. After the breakout, it was a clear sign of a buy.

kwabena311 Pro+

Going into next week we could see this push back to 100$. If this fails to break above 88 we will keep the downtrend to 70$

SPY_Master Premium

The weekly candles for the oil and gas company, ExxonMobil, look quite bearish. This could be the start of a major decline. There is a shooting star pattern forming on the weekly chart, while the oscillators are trending down and while the daily EMA exp ribbon and daily trend lines breaking down. Although anything can happen, it is looking like a major bearish...

xTraderEyes Pro+

NYSE:XOM Energy Sector get weak, CCI at top, Volume increasing. TP at Fibs Points.

dRends35 Premium

XOM appears to be entering the blow off top phase of this enormous rally since 2020 lows. 1:1 fib extensions taken from the low and the thrust candles give targets of $109 and $112, however using 1.13 overshoot ratios could see XOM get as high as $124. If it did get there it would touch the upper trendline of this long expanding pattern from 2008 of which...

NewYork888

Title says it all short ONLY at the ROUND NUMBER $100 if it can reach there with ATM LEAP PUTS. Not Advice do your own DD

Overlyfocused_ Premium

XOM is consolidating within this rising wedge that is also in confluence with the HTF 68% FIB level as a larger pullback. If price breaks down from this wedge over the next two days, you could see a large move to the downside. Can day trade part of the move or swing the entire move. STEPS FOR ENTRY: - First confirm trend change by watching for price action to...

shahrezashahrir Pro

Analysis * Seeing a lot of consolidation patters before * Obvious S&R lines to refer * Market just dive after opening * Assumed that it will make the same consolidation patterns Plan * Expiry = 9 days * Hold = 1 day max * Strategy = Naked Put * E = 89.30 * TP = 88.12 * SL = 90.39 (wanted to reduce risk) Journal * TP = 87.72 (Changed plan because high volume...

Prosheriff

A Variation of Bullish Engulfing Pattern has been spotted on 1 hour chart. Take profit level is previous Lower High.

CrispyPanda

Yeah, this is looking an ABC as of now. can turn into a bigger WXY, but that means simply a better entry for us. Bring it on!

vmreyesa Pro

Short Entry: 90.81 as XOM Stalled and reversed after making a wedging rally into the peak of a potential right shoulder and also into the 50 day moving avg. Stop: 93.30 Risk: 2.49 (2.75%) Objective: 85.75 Reward: 5.06 (5.28%) 2

Liathetrader Pro+

50 MA which acted as a previous strong support might now become a resistance. I'd be careful with energy stocks in the near term.