As you can see here, I drew support and resistance levels based on the weekly chart. But on the daily chart, we are forming a double-bottom pattern. I am looking very bullish on XOM. Now, I am waiting for a strong heikin ashi candlestick with no bottom wick and with substantial amount of volume. Thank you for reading my analysis.
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.