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Exxonmobile

OXY "SHORT"I have been pretty trash with oil trades.. but this time I believe oxy will reach new all-time lows. There is much uncertainty from investors which makes this a perfect short IMO, I have a 5/8 buy put... didn't short at $17 simply cause I was at a huge loss from some other trade (not enough capital.) I think we will revisit $12 by today and continue to make lower highs throughout the week. This won't stop Donnie Pump from tweeting but there isn't much more he can do right now. The oil cuts aren't enough to ignore the fact we will run out of storage. Good Luck!
NYSE:OXYShort
by mzombie2
Oil Related comapanies.“Unprecedented measures for unprecedented times,” Ed Morse, Citi’s global head of commodities, wrote in a note to clients on Sunday. Morse said the cut will have a significant impact in the second half of the year and help lift prices to the mid-$40s by year-end, but that there will be short-term pain while the market rebalances. --NBC I made a projection few days ago explaining why USOIL can reach $50 a barrel. Fundamental comparison of cash flows, valuation, and risk of bankruptcy.
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by UnknownUnicorn3827973
EXXON MOBILEXXON Fib Levels. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
NYSE:XOM
by CryptoTrend-Alerts
2
Exxon Mobil supply and demand analysis forecastExxon Mobil Corporation #XOM Exxon explores for and produces crude oil and natural gas. As of December 31, 2018, it had approximately 24,696 net operated wells with proved reserves of 24.3 billion oil-equivalent barrels. Exxon stock clear downtrend. With Light Crude Oil and Brent dropping like a rock, many oil related stocks like Exxon Mobil Corporation have been showing a bearish directional bias with long term shorts and new monthly supply imbalances being created and respected for months as can be seen in the monthly timeframe supply and demand technical analysis below. We read about “buy” recommendations not long ago, that was crazy! Those recommendations were probably focused on the price of oil as the reason the share price is down, with an assumption that it will go back up. Cray stuff if you lean purely on fundamentals and earnings, everything is pointing down and downtrending, why buy this stock? Think about it! It is all about the XOM price (cheap in the eyes of those urging “buy”) and an assumption that the price of oil is almost the only relevant determinant of future success of XOM. Two major negatives for Exxon Mobil Corporation currently are competition from renewables and new focus on the climate emergency. Investors might think hard before they assume that the new 10-year low for Exxon Mobile XOM share price is where the slide stops. Using a supply and demand strategy and applying the core concepts on Exxon Mobile yields another outcome. Monthly is downtrending, new supply level being created on the monthly timeframe around $68 per share as a continuation of a monthly downtrend and created also as a continuation of prior monthly supply imbalance from $80 per share.
NYSE:XOMShort
by AlfonsoMoreno