Hello Traders,
Exxon Mobile is in a large consolidation. My model suggests that a bullish move is active on the Daily Time Frame. However, TG 4 lines up with the ceiling of a Resistance Band that is suppressing price from moving any higher. This Resistance Band was identified on the more imposing Weekly Time Frame. Until then, enjoy profits into the $100 territory.
Exxon Mobile is in a large consolidation. My model suggests that a bullish move is active on the Daily Time Frame. However, TG 4 lines up with the ceiling of a Resistance Band that is suppressing price from moving any higher. This Resistance Band was identified on the more imposing Weekly Time Frame. Until then, enjoy profits into the $100 territory.
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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.