Exxon MobilLong
$XOM Weekly
Updated
Need a close above $56.22 pictured volume POC and previous support, now resistance. Sitting at volume shelf.
Trimmed 10/15 $55 calls for profit. Holding remaining +44% . Anticipating a move back to the middle of channel or a retest of AVWAP.
Respect the stop loss don't let a green trade turn to red :)
Trimmed 10/15 $55 calls for profit. Holding remaining +44% . Anticipating a move back to the middle of channel or a retest of AVWAP.
Respect the stop loss don't let a green trade turn to red :)
Note
Appears to be sellers exhaustion, anticipating a reversal here soon...
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