XOM short on dailyOpened short on XOM daily after bearish hammer at the local high. Love bullish candles closing below 10MA.Shortby MishaSuvorovUpdated 1
Exxon Mobil Hasn’t Done This All YearExxon Mobil has been drifting since the late spring along with other energy stocks. But now it’s trying to do something it hasn’t done all year. The main pattern on today’s chart is the 200-day simple moving average (SMA), one of the most basic measures of long-term support. XOM tested that level yesterday for the first time since December, which could draw some investors from the sidelines. Second is the trendline running along the lows of February and July. Next, stochastics are turning up after dipping to an oversold condition. Finally you have the recent price gap between $90.52 and $87.50. Will traders look for XOM to fill that void? TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation17
XOM - Will The Hurricane Drive Momentum?It is time to put Oil on your radar for two reasons. One thing that is really striking is how the stores are already selling completely out of water this weekend, after visiting 8 stores and coming up empty handed. BUT, how will the country be faced with gasoline shortages as mass panic begins to strike into the human mindsets, fear, and much more. Especially with not knowing the exact placement of the hurricane and the strength of destruction as the country is facing record high inflation and the government is depleting the strategic reserves of our Oil. THEY will need to start buying the Oil off the market at a rapid pace before the price of oil begins to aggressively increase - thus fueling the demand for buying; causing a momentum spike in price action. The Oil Markets have been looking for a catalyst and this could be just what the market needed to get some demand under it, after-all, recession or not, the U.S. needs Oil to survive and it wont' be long before the U.S. is pressured in admitting the need is critical. I am linking my home repair and oil charts below for simplicity purposes. My support/resistance lines are represented with the horizontal lines. You can use those as targets and/or entries for positions based on bounces of those areas or rejections.Longby bsdvs231
XOM longXOM will have stellar earnings on 11/4 and OIL will continue its uptrend until the Russia/Ukraine conflict ends. Definitely worth picking up some oil stocks at discount. Longby mperri3290
xom looking pretty bearish I'm looking for it to breaking 92 Engulfing line lets see what the meeting brings Shortby obrien93zachary0
$XOM long ideaHello dear Traders, Here is my idea for #XOM Wait for daily close above the yellow trigger line (previous month high) to enter trade. We try to anticipate a 2-2 bullish reversal in the daily chart and a 2-1-2 bullish reversal in weekly chart Targets marked in the chart (black lines) Invalidation level marked with red line Good luck! ❤️Please feel free to ask any question in comments. I will try to answer all! Thank you. Please, support my work with like, thank you!❤️Longby Diplo_Trades2
XOM wave 5?Hmmmm @XOM looks like is forming a wave 5? nice triangle formation and beautiful lower highs!.by eboves226
Still Hanging Out Close to the TopOil has been volatile but I guess it always is. XOM is still above the .236 fib level of the trend up. Maybe an M forming, but I am not going there yet. Every time I do, oil pops up again! If this an M pattern it would maybe take this down a notch, or 2, or 3. No recommendation. Leg AB, the retracement leg of XA, landed at the .786.by lauralea0
XOM SELL SIGNAL ILLUMINATED🔸️Ticker Symbol: XOM 🔸️Timeframe: 4 Hour 🔸️Investment Strategy: Short TECHNICAL ANALYSIS: XOM is currently flashing a sell signal on our 4H timeframe and could see the price decreasing over the next week. Our money momentum indicator on the bottom dashboard is shifting lower indicating money is flowing out of the market. We also have a red dot representing a key ema crossover to the downside. With both of these in combination I do believe we have the potential to see XOM head lower to $96 and the first level of support followed by $94.60. Thanks for following! 🔔 Follow for daily stock, crypto and forex technical analysis. ⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur.Short02:42by TrendsiTrades0
XOMDaily RSI seems to be consolidating and getting ready for a breakout. Price is seeing something similar with the range getting tighter. Daily MACD above 0 line. Weekly RSI has also been consolidating with possibly getting ready for a breakout. Could see the bearish divergence on the weekly get another test before breaking down. Weekly MACD and RSI both looking bullish.Longby AlexColeUSA2
XOM : Why Do I Think XOM will Reach 97 Soon.---------------Ticker: $XOM ----------------------Time Frame : 4H ------------------------------ Investment Strategy: Long Trend is broken and retested the trend(Support) and rejected. Trendsi Confirmation of Green Dot and Green line gives me full confidence, we can see XOM 97 very soon. Follow for daily stock, crypto and forex technical analysis. ⚠️ Trading is risky, and I understand nothing is guaranteed. Proper risk management should be in place at all times to minimize losses. Please consult a financial advisor before trading. All Inclusive Trading LLC is not a financial advisor and may not be held liable for any losses which may occur. Longby Red_Green-TA336
Symmetrical TriangleNeutral pattern until a trendline is broken with a trend in that direction. Possible stop over or under the opposite trendline. No recommendation.by lauralea113
XOMlooking for break out of flag. Keeping an eye on this for Calls. Nice bounces off of the 150 DMA. Longby Davy_Dave_Charts2
XOM - Exhaustion Retracement TopXOM appears to be hitting an exhaustion retracement top here post earnings. USOIL potential continuation pattern into bear market. Bought ATM LEAP put IV down at 32. More to come when i get time. Not advice.Shortby dRends35Updated 2211
Resistence on XOMHolding Resistance, hoping for an emotional continuation down...earnings Friday so beware, this is contrarian!Shortby C0o0kieUpdated 111
very bullish trend support on XOM🚀bullish bias here until we see a clear break of extreme trend support/local support areas, watching for longs above 93.85 / shorts below 85.90Longby Vibranium_Capital2214
Exxon Mobil feeling market wrath. XOMGoals 0.56, 0.49. Invalidation at 0.89. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safeShortby Rykin_CapitalUpdated 440
Exxon Mobil Exiting BullsMarked with momentum reversal and completion of a multimonth upgoing zigzag, this baby is poised for a drop. I believe the reversal has already occurred not too long ago. As ever, Fibs give us off the cough targets for possible exits. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.Shortby Rykin_CapitalUpdated 0
$XOM with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $XOM after a Positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 83.33%. Longby EPSMomentum112
Exxon Mobil Could Be StallingEnergy stocks have dominated the market this year, but now the biggest of the bunch is showing signs of weakness: Exxon Mobil. The first pattern on today’s chart is the jump following strong quarterly results on July 29. While that may have been impressive, it soon faded – a potential sign of marginal selling. Next, the peak was below the $97.77 level where XOM gapped lower on June 13. The result was a lower high versus June 8’s all-time high. Again, not a great sign for people expecting bullish follow-through. Yesterday’s drop also planted the stock back below its 50-day simple moving average (SMA). Interestingly, that SMA provided support in March, April and May. (See the white arrows.) Finally, stochastics are slipping from an overbought condition. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options, futures and cryptocurrencies. See our Overview for more. Important Information TradeStation Securities, Inc., TradeStation Crypto, Inc., and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., all operating, and providing products and services, under the TradeStation brand and trademark. You Can Trade, Inc. is also a wholly owned subsidiary of TradeStation Group, Inc., operating under its own brand and trademarks. TradeStation Crypto, Inc. offers to self-directed investors and traders cryptocurrency brokerage services. It is neither licensed with the SEC or the CFTC nor is it a Member of NFA. When applying for, or purchasing, accounts, subscriptions, products, and services, it is important that you know which company you will be dealing with. Please click here for further important information explaining what this means. This content is for informational and educational purposes only. This is not a recommendation regarding any investment or investment strategy. Any opinions expressed herein are those of the author and do not represent the views or opinions of TradeStation or any of its affiliates. Investing involves risks. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options, futures, or digital assets); therefore, you should not invest or risk money that you cannot afford to lose. Before trading any asset class, first read the relevant risk disclosure statements on the Important Documents page, found here: www.tradestation.com .by TradeStation13
EXXON MOBIL will continue uptrend?EXXON MOBIL will continue uptrend or will find another strong support to make reversal by hakeimfauzanUpdated 1
XOM - Exxon long setupXOM - Exxon Mobil Corporation explores for and produces crude oil and natural gas in the United States and internationally. - Revenue and earnings beat - Higher oil prices - High volume - Above 200 EMALongby tradingswift2