Exxon Mobil potential downside

Updated
The dividend day is behind us and the people bought for hefty dividend will pull out. A lot hesitation for going higher, at least not before a revisit to 200MA in my opinion.

A little calculated short position seems to worth it!

DO YOUR OWN RISK ANALYSIS!
Note
I love how it rebounded on my IMAGINARY 200 MA line I draw :) TA is GOAT!
exxonTrend AnalysisXOM

I am the defender of the retail against the wolves of the wall street
Also on:

Related publications

Disclaimer