Short

XOM to $114 or below?

By Macks_MoneyTree

Updated

Trying to redeem myself from earlier this week and being wrong on XOM. Currently have supply right around $116.85 but we did close a candle above the high signifying a potential upside move. However, it looks we are taking sell side liqiduity in this supply zone and should have enough momentum to take us down to $114 and possibly the low at $113.

Note

If we're not short biased then I'm expecting $118+

Macks_MoneyTree

Money really does grow on trees.

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