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NYSE:XOM broke out of the double bottom pattern. Any pullback is a buying opportunity, the stock is now targeting 79.76$, stop daily close below 50 MA. Hit the like button and follow if you find this useful :) This is only my own view and not financial advice, do your own analysis before buying or selling Happy Trading!
Exxon has been moving a lot nicer then the asx stocks, and with oil punching above and closing above $66 on the weekly, oil share prices could be in for a decent move next week. Coincide this with the 1.9 trillion stimulus, i feel like a lot of money will be moved into commodities, especially oil. *as well as bitcoin, because its the future.* ;) Ive never bought...
Afternoon members , stock chart looks Bullish Short to midterm ,🚫 NOT trading advise. Due to my schedule , i may not answer questions. #1. Atm=SHORT-term , chart updates must join tg group . #2. Chart tutorial. 🐂/🐻Must wait for All in1 trendline to hit targets. *Over red line=bullish, &under =bearish. gL trading everyone
Not saying this one is "special" to me, but I think I will always remember the day on March 20 (three days before bottom) when I bought my first 9 shares of XOM at near 30$. 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...
It seems large-cap grey beards are sustaining runs during this sell-off. Plausible third green day and breakout of the long-term upward wedge. 3/5 61 or 62c.
So if you didn`t bought XOM when i called the double bottom: Then maybe now you`ll jump into the Fear of Missing Out! They pay great dividends too!!! 6.16% DIVIDEND YIELD If you are interested to test some amazing BUY and SELL INDICATORS that i use, which give the signal at the...
Time to take profit and buy a put im afraid.
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.
Approaching resistance bands Oscillator is high Seems oversold, volume decreasing NYSE:XOM
... above the MA and having not yet lost the momentum we may expect some more gains.
breaking the line of resistance will give a great buying signal. NYSE:XOM
XOM has been making higher highs and higher lows. Looking good for a continuation up.
Trading an Inverse Head and Shoulders Conservatively An investor can wait for the price to close above the neckline; this is effectively waiting for confirmation that the breakout is valid. Using this strategy, an investor can enter on the first close above the neckline. Alternatively, a limit order can be placed at or just below the broken neckline, attempting to...