XOM trade ideas
Long XOMExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
ExxonMobilStock is down 70% from the highs.
Wave structure implies more downside - approx. to $20/share.
Anyway, these are the price levels available at a huge long-term discounts, and may present an exclusive opportunity for long-term investors.
Historical dividend yield within the dividends aristocrats group of stocks.
i mean, it can't go straight the zero....I picked up XOM today for a long term acct, i like the candle structure, we're on a 9 on both 195 and daily charts. We are also on a long term trendline right now, i think this could be a good spot for a bounce. Stop is new lows.
$XOM Sell Jan 2021 37.50 Puts for $8.00 - 25% annualized...25% annualized on cash secured Jan 2021 37.50 strike. Buy more TP folks.
EXXON - Head and Shoulders formation targets $30While it may take a while to build a base after it's fall, targeting $30 and it's almost there! But only if you dare.
Exxon Mobil Broke Ascending channelNYSE:XOM broke the ascending channel.
From a technical aspect it should continue the downward momentum
10032020 Buy OpportunityEntry:41.73
TP:51.77
SL:37.31
1.618 Custom Fibo Pivot.
Valid until End of Month(MARCH).
XOM A Great Value Buy Today At $41 For LT Investors Title says it all - buy this name at $41 and forget you own it and collect the 7% yield year over year - DO YOUR OWN DD - NOT ADVICE
Watch for potential relief bounce.Chart looks like an obvious short but I've seen strong bounces back to the the 618 with this set up.
Watch for price to under cut then reclaim on some random unexpected positive news.
Below the green box trade is dead.
Exxon at 2004 LevelIf you want gamble on oil I think this is the "safest" bet
Today's 10% drop in oil prices kind of feels like a wash-out to me
EXXON MOBILE trade setup $xom
Possible entry level $55.00
Target price $58.00
Stop loss $53.58
Oil is making a nice reversal, EOM will follow for as long as that continues.
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XOM - Dividend Play?Cant help but put on a long position here while there is "blood in the street" so to speak. Seeing XOM below 60 in my mind is quite a bargain. And with the dividend at 6.5%, seems like a reasonable acquisition despite the negative news and low oil price.
On a chart perspective, XOM has exceeded the -3 standard deviation on a 40 month moving average several times in the past but each time, quickly managed to rebound back up to and above the 40 month moving average.
XOM Buy OPPDisclaimer. This is my idea. At to you, if you want to use it I am not a professional trader, just a student who is learning.
This is a stock analysis using the same concepts. Buy opp.
Suggestion. Risk management.
