XOM: $117 Price Target?
XOM has been ranging for a few weeks now, Getting back towards the 1114 lows and it looks like that we have taken some liquidity and tested demand. Ideally, I'd grab a position from this demand zone but we will see what tomorrow brings us. Definitely wouldn't fight that 1117 top and should be used as a target or potential short.
Money really does grow on trees.
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