Long

XOM

By tradologist10

Updated

Educational purpose, not a recommendation. XOM expected to retrace back to $120 (~16.5% potential returns) in 12 to 15 weeks provided oil market is stable.

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Below $99 seems to be a good price but still depends on stable oil outlook.

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Expecting this to bounce back based oil outlook. Let us see, it can take a dip as well.

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slowly starting the upward journey, will it hold up the momentum

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