Exxon time to Exxit?
1. Broke Trendline
2. Multiple higher high attempt in Price action but fails and now we can see a lower low
3. RSI decreasing with RSI over bought a week a go
4. EMAs crossing over with the price action breaking through the EMAs.
** Fundamentals play strongly in pulling the trigger as we foresee weak oil prices remaining depressed for a while.
2. Multiple higher high attempt in Price action but fails and now we can see a lower low
3. RSI decreasing with RSI over bought a week a go
4. EMAs crossing over with the price action breaking through the EMAs.
** Fundamentals play strongly in pulling the trigger as we foresee weak oil prices remaining depressed for a while.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.