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EXXON MOBIL CORPORATION CEDEAR EACH 10 REP 1 CAPEXXON MOBIL CORPORATION CEDEAR EACH 10 REP 1 CAPEXXON MOBIL CORPORATION CEDEAR EACH 10 REP 1 CAP

EXXON MOBIL CORPORATION CEDEAR EACH 10 REP 1 CAP

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XOM trade ideas

Exxon is oversold (the most since 2020)NYSE:XOM is inside it's sideways channel since March 2024 and trades within a price range of $108 - $123 with one failed breakout to the upper side in October. The recent pulldown came from commodity prices (oil) and political drama about how much oil will be offered in Trump's term. Of course, it would be best if supply will not outpace demand too much since this would let oil prices drop. Trump will learn this soon enough. Because of that it's mostly noise what we have seen in this chart. The level at $108 offered strong support twice and the sector (XLE) is also offering support itself. Also, the last time we've seen this stock so oversold was during the Covid crash in 2020. From a fundamental perspective, Exxon Mobil's recent performance highlights its strong investment potential. The company's total shareholder yield, combining dividends and buybacks, now exceeds 7%, offering substantial returns to investors. In Q3 2024, Exxon reported $8.6 billion in net profit, with a 25% production increase, partly due to the acquisition of Pioneer Natural Resources. Despite a 5% earnings decline from lower commodity prices, Exxon's diversified operations and strategic investments in alternative energy position it well for long-term growth. The recent stock price dip presents an attractive entry point for investors seeking robust returns in the energy sector. Target Zones $114.00 $123.00 Support Zones $108.00
NYSE:XOMLong
by LGNDRY-Capital
7
Exxon Mobil corp setting for a bigger correctionHello, Exxon Mobil Corp engages in the exploration, development, and distribution of oil, gas, and petroleum products. It operates through the following segments: Upstream, Downstream and Chemical. The Upstream segment produces crude oil and natural gas. TECHNICAL ANALYSIS- Checklist Structure drawing (Trend line drawing on past price chart data)- As shown below Patterns identification (Naming patterns on past price chart data for future wave)- The price is a corrective pattern. Expanding triangle Future indication (Reading indicator for future wave)- 0 crossover on MACD. Breakout on the corrective wave could confirm further upside Future wave (Drawing on future price chart using future indication from indicator)- As shown Future reversal point (Identifying trend reversal point on price chart using structure)- Target price $126 for exit (no buy opportunity from current price) Next earnings report date: Jan 31st 2025 Market capitalization: 528.77 Billion ExxonMobil financial performance for the first nine months of 2024: Total Revenue and other income at 266.159 billion nine months ended 30th September 2024 Year-to-date earnings were $26.1 billion versus $28.4 billion in the same period last year Net Income including non-controlling interests at $27.1 Billion, a decrease of $2.2 billion from the prior year period. Cash and cash equivalents $26.9 billion versus $31.5 Billion in the same period last year Total liabilities at 185.5 billion versus $163.8Billion in the same period last year ExxonMobil plans to continue its strategic focus on high-return projects and operational efficiencies, with an anticipated investment level of approximately $28 billion in 2024. The company aims to advance its low carbon business plans, including carbon capture, biofuel production, and other emission reduction initiatives. Acquisition of Pioneer Natural Resources: Completed on May 3, 2024, this acquisition is expected to bolster upstream production capabilities, particularly in the Permian Basin. www.tradingview.com Challenges and Risks Market Risks: Price fluctuations in crude oil and natural gas, industry refining margins, and chemical margins. Operational Risks: Integration of the Pioneer acquisition, volume growth and production challenges, and higher expenses from increased depreciation and maintenance activities. Regulatory Risks: Tax-related items, government mandates, and changes in sustainable production levels due to government-imposed production limits or sanctions. Emerging Risks: Supply chain disruptions, environmental regulations, and future policies and technological advancements related to emissions reduction and sustainability. Management’s Strategies: Focus on strategic projects and high-value products, structural cost savings, and prioritizing investments in high-return projects while maintaining a strong balance sheet and consistent shareholder returns. Our Recommendation Exxon Mobil remains fundamentally strong with a robust balance sheet, but its stock appears overstretched, presenting some risk. The company’s stock has been trading in a sideways range since February 2023 to date. In October 2024, the company traded at a 52-week high of 126.34, a gain of over 30% just in the year 2024. While a Trump presidency could influence the oil industry, fluctuations in oil prices typically have a more significant impact on oil company stocks. Recently ExxonMobil CEO Darren Woods was quoted to saying “I don’t think the level of production in the U.S. is being constrained by external restrictions,”. He added: “I’m not sure how ‘drill, baby, drill’ translates into policy.” Given the current price of $120.31, we do not see an immediate buying opportunity. Instead, we recommend exiting around the all-time high of $126.34, as a larger correction in the stock seems likely. President-elect Donald Trump said that oil and gas industry executive Chris Wright would be his pick to lead the Department of Energy. Wright is the founder and CEO of Liberty Energy. He is a defender of fossil fuel use and is expected to support Trump's plan to maximize production of oil and gas. Good luck & best of luck.
NYSE:XOM
by thesharkke
6
Oil Industry, Paper Trading, 3 Step Trading SystemThe oil industry is not going anywhere you have to think about The benefits of energy in your community as you Are reading this right now. You have access to the internet and that gives you an advantage Especially when it comes to learning about trading. Also, you have access to Trading View which is a good platform To use the paper trading simulation software. You have my permission not to think about the Bad the trades that discouraged you. But instead, focus on using this Simulation tool that Trading View offers to you for FREE. This simulation tool will help you Better your trading skills whether you are a Beginner Or an expert looking to learn a new trading system. This tool should give you a positive feeling And remove the fear of learning how to trade Using these recommendations I show you. In future if you use this trading simulation tool You will be better prepared to take advantage Of the trading opportunities around, whether you Use the Rocket Booster Strategy or you Develop your own trading system. This simulation tool on trading view will Help you speed up your learning curve When the right time comes for you to use real money And when you practice long enough you Will enjoy the process and you will view it Like a video game. So we are now looking at this chart XOM... NYSE:XOM Using the Rocket booster Strategy This price is in an uptrend. How do we know this? Well, the rocket booster strategy has 3 steps: 1) The price has to be above the 50 EMA 2) The price has to be above the 200 EMA 3) The price has to gap up in an uptrend Now that you understand this strategy you Can apply this same strategy to this Stock price of XOM And you can see that the rocket booster Strategy is on this chart. Do you see the benefits of simulation trading? Do you see that energy prices are at all time lows? Do you see the gap up on this chart? If you want to learn more rocket boost This content. Disclaimer: Do not buy or sell anything I recommend to you. Trading is risky please Learn risk management and profit-taking, By using a simulation trading tool Before you try to trade with real money. Because you will lose your money whether you like it Or not.
NYSE:XOMLong
by lubosi
Job losses, Momentum, And The 3-Step SystemThe oil market prices have actually underperformed Right now you should be looking into the equity markets Instead of the crude oil prices. You have this stock XOM NYSE:XOM as your opportunity to trade Right now because the momentum on this Stock is very low. Right now yes the jobs numbers for this company Are expected to drop in 2025 With the company planning to reduce its Workforce but don’t focus on this negative sentiment With this stock price, it’s a good time for you To consider buying it, at the lowest momentum It should be able to return you with at least 3% In under a month depending of course On the type of margin you decide to use The process may feel like a burden but You just need to be patient As you undertake a risk management of at least 3 days to hold your position Looking at this chart you can see the rocket Booster strategy which has the following 3 steps • The price has to be above the 50 EMA • The price has to be above the 200 EMA • The price should gap up in an uptrend Now that you understand this strategy you Can use it to understand the trend analysis of Most equity stock prices • Do you see that you don’t have to follow this negative sentiment? • Have also noticed how the mainstream media is boosting this negative news? • Have you seen that crude oil inventories have actually increased? As a result of the new policies or the latest economic news published by the US Government? Rocket boost this content to learn more Disclaimer: Trading is risky please learn risk management, and profit-taking strategies Because you will lose money whether you like it or not. Also, do not buy or sell anything I recommended to you. Please do your own research before you buy or sell anything.
NYSE:XOMLong
by lubosi
XOM Stock + The 3 Step Rocket Booster Strategy You are thinking about trading And wether you should day trade or swing trade. You already have the will to learn more, otherwise you wouldn't be reading this content Trading is hard to learn and master and so I want you to not think about how bad your past experiences Where with learning how to trade.Focuss on learning about a good way to trade the right way.Because with The proper risk management you can enjoy trading the right way. Can you imagine trading with a mindset knowing you have opportunity to learn more about the different trading systems? Learning about the Rocket 🚀 Booster Strategy will feel simple and easy and quick. The 3 Step Rocket Booster Strategy: 👉The price has to be above the 50 EMA 👉The price has to be above the 200 EMA 👉The price has to gap up in a trend Now that you understand the 🚀 Rocket booster strategy according to this stock NYSE:XOM You can tell wether a stock is in an uptrend or not. Do you see that you can either swing trade or day trade? Do you understand that you can learn more eventhough trading is hard to master? Do you see that with risk management you can learn to enjoy trading? Rocket 🚀 Boost this content to learn more. Disclaimer ⚠️ Trading is risky please learn risk management and profit taking strategies because you will lose money wether you like it or not
NYSE:XOMLong
by lubosi
XOM Stock + The Rocket Booster 3 Step SystemHello there i had one of those days again where I was doubting myself. I kept thinking about the labour market and how people in this market are so lucky because its so easy to have someone give you a paycheck unlike myself, I had to hustle and bust my cheeks to understand capital markets Thank goodness I have developed two systems that I can lean back on.. In fact these systems are so good that I receive buying signals almost every day On average I receive a buy signal in the Dow Jones, SP 500, and NASDAQ every 3 days But only after the market close. My struggle is to be patient and wait for the moves to make money Otherwise, I am seeing these stocks to trade almost every 3 days, That is the advantage of having a trading system you get to see these plays almost every day This is why am able to document almost everyday infact some days there are too many stocks to document about am forced to use video to explain. But let's not get carried away by my trading expertise. I want to show you the key to all my trading systems Its called the rocket booster strategy and it has 3 steps as follows. 1-The price has to be above the 50 MA 2-The price has to be above the 200 MA 3-The price has to gap up. Now you may be thinking "does the price really have to gap up?" The answer is yes it has to go up Now if you want you dont have to follow this system and you can go ahead and develop your own trading system.But if you want something simple to understand then this is the system for you to digest and learn seriously re-read these 3 steps above.. and see how they apply to NYSE:XOM If you want to learn more rocket boost this content Trade safe. Disclaimer Trading is risky you will lose money whether you like it or not please understand risk management and profit-taking strategies.
NYSE:XOMLong
by lubosi
ExxonMobil: PullbackXOM stock has experienced a setback over the past two weeks. However, we maintain our view that turquoise wave 3 is still in progress and has further upside potential. Once a top is established, we expect a corrective movement before another rally completes the larger green wave (1). The recent decline brings our 35% alternative scenario into focus, which places the stock in green wave alt.(2). This scenario will activate if the price falls below the support level at $95.77.
NYSE:XOMLong
by MarketIntel
XOM Long DailyAsset Class: Stocks Income Type: Daily Symbol: XOM Trade Type: Long Trends: Short Term: Up Long Term: UP Set-Up Parameters: Entry: 120.51 Stop: 119.13 TP 124.53 (3:1) Trade idea: 2H fresh demand zone formed by a rally-base-rally near the breakout level, with a Fair Value Gap above it and a 1:3 risk-reward ratio. The RSI is oversold. !!Be aware of pending Economic Reports. If price is within 20 pips of proximal value at time of major impact report, then Confirmation entry. Trade management: **When price hits 1:1 or T1, consider moving stop to entry in case of pullback. **Disclaimer**: The trading strategies, ideas, and information shared are for educational and informational purposes only. They do not constitute financial advice or a recommendation to buy or sell any securities, currencies, or financial instruments. You should do your own research or consult with a licensed financial advisor before making any trading decisions. The author assumes no responsibility for any losses incurred from following these trading ideas.
NYSE:XOMLong
by MESHANL
1
XOM Stock: Using The Rocket Booster Strategy In 3 StepsThe oil prices NYMEX:CL1! are looking like they are going to rise. Why? Am really not sure about why but one thing for sure is the price hike is coming The oil price affects this stock which is one of the stocks on my watch list Because of my change of trading I have developed a permanent watchlist Again you need to understand that am not day-trading these stocks forex or crypto am looking at these trades like investment opportunities. Yes you may get discouraged but don't give up On building your watchlist which is a very important step to a successful trading career Also notice that this price action follows the rocket booster strategy The rocket booster strategy has 3 steps: #1-The price has to be above the 50 EMA #2-The price has to be above the 200 EMA #3-The price has to be in an uptrend. This is what you are seeing here on this chart of NYSE:XOM Remember to learn more rocket boost this content Disclaimer: Trading is risky please learn risk management and profit-taking strategies.
NYSE:XOMLong
by lubosi
Exxon's Make-or-Break Moment: $123 Resistance in FocusThe chart distinctly illustrates that the stock has been in a consolidation phase for over a year and is presently trading slightly below its resistance zone. For a potential upward movement, the price must surpass the 123 level and maintain its position above this threshold. At the same time, there is a significant likelihood that the stock price may encounter rejection once more, leading to a decline towards its trendline support level.
NYSE:XOM
by NaranjCapital
1
EXXON MOBIL Buy signal on the 1D MA200.Exxon Mobil (XOM) has turned sideways since the June 17 Low and yesterday hit and held and 1D MA200 (orange trend-line). Technically this calls for at least a Resistance 1 test on the short-term so we turn bullish, targeting 120.00 (marginally below that level). If however it turns out that the dominant pattern is indeed now a Channel Up, on the long-term we can see prices as high as the 1.5 Fibonacci extension (131.50), which is where the previous Higher High was priced on April 12 2014. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:XOMLong
by TradingShot
1
Looked at a bunch of markets Monday 9 23 I'd be taking my profits if I were long on gold. dxy is stuck at a support resistance level and it is above the support resistance line but could easily go lower and I show you that on the video chart. I don't think that oil is bearish but there's a scenario to look at to determine if you want to be a buyer seller and I show what the lines look like it's very easy to graph. it took a look at coffee which is been trading nicely to the support lines. Exxon Mobil is trading to arrange and for those who are comfortable with options there may be opportunities factoring in the range box which is a little bit over 5 points. soybean oil is doing well since our hypothetical entry... and I described things that I would look for including expansion of the market if the market starts moving a little bit higher.
NYSE:XOM
by ScottBogatin
1