The Idea is to hold - wait the end of the bearish trend before going long. The breakout of the Trendline gives a signal of strength, but it is still to early to go long. Exxon Mobil (XOM) – Exxon lost 18 cents per share for the third quarter, smaller than the 25 cents a share loss that analysts were expecting. Revenue came in above analysts’ forecasts. Exxon is...
An increasingly precarious situation is growing in the black oil kingdom in the Arabian Peninsula. As the clown nation of the US, that has built much of its economy and job market on artificially high oil prices, the Saudis have all the reason to undercut high WTI prices by continuing to ramp up production. While British Petroleum has come to terms with the fact...
I see some bullish signals on daily and 4h chart for EXXON Mobil Corporation. Here is my trading plan for Exxon: There is a gap around 35 so first of all, i expect this gap to be filled then i will aim 36.23 and 36.50. Stop loss:33.70. Have a nice day, Berk.
Exxon Mobil, monthly chart: 38 years long(!) support line + Inside Bar & Dragonfly Doji + Oversold
$XLE energy sector recovered 50% off their recent lows... expect retracement from current levels. the hardest to hit the floor, immediately ricochet the highest up; 2-3 wk PT ~$40 $XOM
I have a channel drawn with an area of potential support. With a first level Crossover attempt on lower timeframe. I can't post the lower timeframe here so I will share it in the updates below. Looking to add 25% of my buy order here. 1-2% stop
Pre oil deal/no-deal set up. Swing high horizontal + bottom of the channel diagonal supports held well on Friday. Tonight's decision might define not only $XOM's near-term fate but the direction of the broad market. Stocks follow oil.
Exxon Mobil Corporation #XOM Exxon explores for and produces crude oil and natural gas. As of December 31, 2018, it had approximately 24,696 net operated wells with proved reserves of 24.3 billion oil-equivalent barrels. Exxon stock clear downtrend. With Light Crude Oil and Brent dropping like a rock, many oil related stocks like Exxon Mobil Corporation have been...
XOM retested the lows of the current attempt to bottom, which is slightly above the previous lows of December 2018. The selling down was swift and steep, resulting in a bounce up which was on weaker Volume.
Despite rising gasoline prices at the pumps, Exxon Mobil did not have a strong Earnings Report. The stock remains in a downtrend, with support at a previous technical low.
Exxon conned and scammed the public of early action on climate change, a genius business move, but a sold soul. waiting until september to short the company to $1 unless they announce a total 180 to entirely renewable tech which would be a lol. Invest and bet on the future you envision or believe to see. Fk exxon.