Exxon Mobil Corporation

XOM NYSE

rvasilchenko

On the weekly chart, Exxon Mobile drew a double bottom. In fact, there has already been a takeout and now the price is fixed about the "middle" of W. The simplest idea is to reach a local maximum of 64.7 (15.6%). The next goal is 86 (53%).

benedekdomotor

The short answer is yes. The longer one is a bit more complicated... In my opinion, the chart looks extremely bullish. We had a nice break-out and a retest. At the moment: the price sits at a very important resistance, and between the 2 most important EMAs. If we can reclaim the 50 EMA, then we will have a nice run-up. However pay close attention to the volume,...

ContraryTrader

Fallen wedge on the daily Double bottom handle on the weekly Breakout looks good. Selling pressure has eased up on MACD RSI is curving up bullishly Lets see if some of that volume picks up, we could be headed back up towards yearly resistance around 73$

hadimozayan

SNIPER STRATEGY This magical strategy works like a clock on almost any charts Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading. It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave. The best timeframe for this strategy is Daily, Weekly and Monthly...

PiggyWiggy1

Disclaimer: I am not a FINANCIAL advisor as this is just my own due diligence. It is not intended as legal, financial or investment advice and should not be construed or relied on as such. Before making any commitment of a legal or financial nature you should seek advice from a qualified and registered legal practitioner or financial or investment adviser....

Mnbrass549

I know that some people out want a Easier Approach when trading stocks. Please understand i am not a License Professional trader, been trading since i graduated from high school 14 years ago. Wanted to show a brief way to trade the GANN theory that i have posted before this. How to set up the GANN is outline in it, if you need help please message me. ...

hadimozayan

SNIPER STRATEGY (new version) It works ALMOST ON ANY CHART. It produces Weak, Medium and Strong signals based on consisting elements. NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear. TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS. ENTRY PRICE BLACK COLOR TARGETS GREEN COLOR STOP LOSS RED COLOR DO NOT USE THIS...

Smoothjb83

Nice inside day on XOM here. Looking to get out of this consolidation.

saffer10

XOM Elliott Wave Count -------------------------------------------------------

Rawaf

$XOM should continue the down trend AT LEAST until Wave 5 is completely devolved. Note: Wave 1 seems to be the extended wave, so wave 5 should be equal to wave 3. Disclaimer: This is a personal trade, not a trade advice.

MarketMotion

Bearish engulfing, downtrend channel, below daily volume shelf, and H&S breakdown. Outlook: Bearish - Short below 54.90 and SL: 56 and implied Price Target is 46-47

eroogar

Limit buy - 54,0$ Target: №1 - 60,65 №2 - 63,90 Risk/Reward Ratio - 3,05 Stop-loss - 51,82

FriscoTrades

Need a close above $56.22 pictured volume POC and previous support, now resistance. Sitting at volume shelf. Trimmed 10/15 $55 calls for profit. Holding remaining +44% . Anticipating a move back to the middle of channel or a retest of AVWAP. Respect the stop loss don't let a green trade turn to red :)

FOREXN1

urning oil creates carbon and contributes to global warming. That is a fact that cannot be ignored, and one of the main reasons why the world seeks to limit its use in the future. As a result, clean energy is becoming a major resource for the world's energy supply. But it has not yet reached that level, which means that oil is still an important part of the global...

FriscoTrades

Long the 10/15 $55 calls. Exxon respecting the AVWAP from recent lows and 200MA. MACD looks ready to cross. Barring any market weakness from FED meetings, she looks ready for a move up.

BaadshahAce

Lets wait for XOM to pass the test. PT will be $53.70. As of now it looks buyers are not weak

Elliottwave-Forecast

Short-term Elliott wave view in Exxon Mobil (XOM) suggests that the cycle from June 25, 2021 high is unfolding as a double three Elliott Wave structure. Down from June 25, wave (W) ended at 54.59 and rally in wave (X) ended at 59.33. The stock has broken below wave (W), creating an incomplete bearish sequence from June 25 peak favoring more downside. The break...

hasansiddiqui1987

Chart is printing a bullish Rectangle continuation pattern. Still on Strong support zone. Stop Loss 52 in case of down ward break down, further can short with target of 44 while upward target is around 75