As seen in the chart looks like XOM is setting up for a nice run-up based on cup and handle and not breaking support lines. Looking for this to pop next week or two. Also, like how MFI is showing oversold and looks like MACD is starting to converge; possibly setting up for crossover.
Note
Forgot to mention. Looking for this to break out to $70....
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.