XOMConfirm a break in the long term uptrend.
What price would you suggest an entry?
Personally I am looking at 45.5 range.
XOM
$XOM possible spring$XOM Exxon Mobil Corporation is expected to report earnings on 01/31/2020 before market open. Possible spring before earnings?
rig .. not a bad middle east conflict hedge.Rig in an interesting spot.. put some marks on the chart that show what i imagine may happen depending on outcome. Tuff saying how it all works out. appears rig will respond though.
Kinda fun game.. Calls were on sale today! maybe puts on sale tomorrow?
Who Passed The Gas ?winter coming up, Natural Gas spot has already broken out - NGS appears to be lagging, presents a good long opportunity
low liquidity/ low market cap adds to the risk reward balance
The guys on TIP The Investor's Podcast typically have good calls, look at the BBBY returns (from $9.00)
XOM: Long oil stocks now...I think we have many interesting companies that show big accumulation bases that can rally nicely with oil during and after January 2020.
$XOM is one of them, risk is a $3 drop from here, to make it to the target on chart at least, but could be twice as big of a rally in this timeframe too.
Over time, there's a chance of a monthly basing pattern to confirm a trend, which would align with what I see in $USOIL.
Big speculative trends are about to get in motion during 2020, I think many will be related to $USOIL rallying, like solar names, $TSLA and other EV related stocks (battery tech and materials, etc) and Emerging market stocks like $ARGT, $EEM, $EWZ, Singapore, Vietnam, and individual names in energy with solid charts and valuations.
Best of luck,
Ivan Labrie.
$XOM short into the year end$XOM is rejected by the recent high again as the Oil is rejected from 58 again. Look for the short trades targeting 69
XOM Head and Shoulders Getting Close at a Time Oil is DroppingMassive head and shoulders that will break if Oil continues to break down, which is looking likely.
XOM Retests Bottoming LowsXOM retested the lows of the current attempt to bottom, which is slightly above the previous lows of December 2018. The selling down was swift and steep, resulting in a bounce up which was on weaker Volume.
XOM long setupXOM’s innovation outlook is trending up based on a current score of 76 out of 99, outperforming sector average. Jobs growth over the past year has decreased and insiders sentiment is neutral. XOM is an Average Performer in terms of sustainability. It is most exposed to Schneider Electric S.E. as its supplier. Over the past 4 quarters XOM beat earnings estimates 3 times and it pays dividend lower than its peers.
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Coal RollinTRUMP 2020 euphoria to boost Appalachia
parabolic drive down #2, can probably extend to $20.000 on a lower volume day/ week. attempt to catch exact bottom is risky
Colossal Head and Shoulders Top in Non-renewable Energy LeaderExxon Mobile is exhibiting a massive H&S top and is now trying to break below the neckline for the second time. Often times if a support/resistance break attempt fails, the second attempt tends to be more successful. If this Head and Shoulders top does break down, that should coincide with the price of Oil and be the start a new bear market for the non-renewable energy sector (which would be a sign of strength for renewable and electrical energy in the years to come).
XOM Disappoints AgainDespite rising gasoline prices at the pumps, Exxon Mobil did not have a strong Earnings Report. The stock remains in a downtrend, with support at a previous technical low.
Exxon Mobile Buy SignalThe Megalodon indicators are showing us buy signals on Exxon Mobile! The daily is also looking like if it holds these levels, it will be a strong support level to see an upwards increase in the coming days! Not a bad time to start nibbling on XOM.
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