in my opinion we have a time like in 2005 - there was a year of great pump up the index up and right now there will be a year for consolidation.
I have opened two position. Round 42 USD and 60.
I will not sell it very fast. I will wait 2 or 3 years.
XOM is the future of the USA economy so I think that it is a gold duck bearing gold eggs.
I wish you al the best.
Note
for me the most important part is the MACD index, you see that there was a cross on the top of the chart and right now the lines are going down. They should reach 0 line and then it should go up. There is lot of time for this. I think that 6 to 12 month there will be this move.
Note
also I think that there should be double bad and floor. The floor is right now about 54. So it should go down and then up :)
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.