XOP - proceed with caution and wait until weekly trend line
Pullback
Status: Watching. Looking for break of neckline and scum blade to weekly rising trend line, while AO continues to show divergence. Maybe, this a revenge trade idea because my short order around 77 wasn't filled.
Cost basis:
Stop:
First price target:
Technicals:
Horizontal S&R: yes
Channel S&R: yes
MA S&R: yes
Pearson's R >= 85: yes
Price within Fib Ret..62: yes
Stochastic turn/crossover above 80%: early
AO pullback >0<1.38: so far ok, but still early
Fundamentals:
Next Earnings date: ETF
IBD EPS Rating:
IBD SMR Rating:
13F shares % change: -13%, funds are dumping.
competitors:
Status: Watching. Looking for break of neckline and scum blade to weekly rising trend line, while AO continues to show divergence. Maybe, this a revenge trade idea because my short order around 77 wasn't filled.
Cost basis:
Stop:
First price target:
Technicals:
Horizontal S&R: yes
Channel S&R: yes
MA S&R: yes
Pearson's R >= 85: yes
Price within Fib Ret..62: yes
Stochastic turn/crossover above 80%: early
AO pullback >0<1.38: so far ok, but still early
Fundamentals:
Next Earnings date: ETF
IBD EPS Rating:
IBD SMR Rating:
13F shares % change: -13%, funds are dumping.
competitors:
Related publications
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.