XOM near term top is inXOM has put in the top for the most recent round of rally. Negative divergences about to play out. Would really get ugly if SPX revisits below 2700.Shortby Rookie398476049358670Published 112
Short XOM (shorter timeframe)This 15m chart shows what I believe to be the beginning of a larger move lower in XOM. From the high of the previous corrective rally (see previous post of 180m chart), it looks like the stock is an extended Wave 3. I expect price to make a new low, followed by a bounce in larger degree Wave 4, and then a subsequent push lower in Wave 5. Initiating a short position at 78.75 with an open profit target. A move above 82.50 invalidates the setup.Shortby UnknownUnicorn182749Updated 2
Watching XOM for longs!!Nice triangle here. Watching the confirmation on monthly. Patience for now. Longby xChampi0nxPublished 0
XOM Catapult?The setup is there for xom to blast off here -- however we might make one more little micro low for (ii)Longby AstatineUpdated 223
xom short playif price breaks through this wedge thats another impulsive 5 waves gonna go up ...im getting out at 1.61 fibbyLongby ctatradesUpdated 2
Short XOM for next wave lowerThis 180m chart of XOM shows a nice ABC corrective rally into the 61.8% Fibonacci retracement level. The stock looks to have rolled over and is threatening to break trendline support. Will post a follow-up with a specific trade plan on a shorter timeframe chart.Shortby UnknownUnicorn182749Published 1
Exxon_(NYSE: XOM)_May_14_2018The Exxon stock suffered setbacks after the Q1 earnings report where it emerged that the revenue did not grow in line with rising oil prices. Furthermore, the debt burden was quite huge at over USD 30 billion. Compared to competitors such as Chevron, Royal Dutch Shell, BP, XOM was lagging in key metrics. This triggered a sell-off that brought the stock price to almost 2 year lows since oil prices crashed. Now the stock has surged past two key support/ resistance levels and there seems to be a bullish support underneath. However, if the oil price rally does not continue, I expect XOM to fall to $75-$80 trading range. On the other hand, if the oil price stays at current levels or move higher (which I doubt as the oil market itself has fundamentally changed; lot more focus on renewables and with shale oil, it is beneficial for the producers to just keep pumping more), I am confident that XOM will be soon staring at $90. I am bullish on XOM in the long term. In the near term, I would wait to see if the price holds up at the key support level before taking on a position around $79-80. I will also wait to confirm that the slope of the 200 day SMA turns positive. The 20 day SMA has crossed the 50 day SMA in a bullish manner. For the confirmation of a long term bullish trend all three SMA need to have a positive slope with the short term SMA crossing the long term SMA. Longby advisacorpPublished 2
bat pattern on Exxon moblieLooking to short Exxon Mobile at the completion of this bat patternby nickdav12Published 0
XOM Bounce on Fibonacci retracement After a retracement from 80.86 The candle stick pattern of hammer appears followed by a green candle confirmationat 76.90. Fibonacci R shows a possible buy at 0.618 after good earnings. And it appears to be bouncing off the 50 MA.Longby noterocruz33Published 2
XOM possible retracementJust saw a possible short set up, but only valid if price breaks below nascent support.Shortby KeTraderPublished 4
Exxon I take you.The experts are already screaming that we have to buy, "oversold, buy now" they say. And I agree, this last step seems perfect for pyramid shopping. Let's see how it develops.by normstockUpdated 3
XOM Daily Chart - 19th AprilCharted this awhile ago while the Inverse Head pattern was forming near the bottom.. Today it rose nicely to the resistance of the Inverse Head pattern and will look to see if a right shoulder will be formed or will there be a break out from the resistance Do follow us at our Telegram channel: t.meLongby NimbusTraderPublished 2
XOM - Bull Shark PatternPossible bull move for XOM. Showing Shark pattern and divergence on C leg.Longby stockmarketsquirrelUpdated 222
XOM 5-Day-Ahead Prediction - 04/11-04/17 PeriodArtificial Intelligence/Deep Learning Enabled 5 Day Ahead Predicted values for Exxon Mobil Corp. ( XOM ) have been plotted on the chart. The method used in this prediction is Deep Learning based, and using complex mathematical models/methodologies to extract hidden time series features in vast amounts of XOM related data. The expected 5 Day Change is 2.435 % Predictability Indicator is calculated as : 0.734 Predicted 5-Day Ahead Prices are as follows: Wed Apr 11 Thu Apr 12 Fri Apr 13 Mon Apr 16 Tue Apr 17 77.895 78.084 78.197 78.534 78.947 Please note that outliers/non-linearities might occur, however our Artificial Intelligence/Deep Learning Enabled predictions indicate the softened/smoothed moving direction of the stocks/commodities/World indices/ETFs/Foreign Currencies/Cryptocurrencies. Feel free to contact us for your questions.Longby AhmetSBilginPublished 0
EXXON MOBIl shares Sell IdeaEXXON MOBIl shares Sell Idea @Weekly Supply Zone (87.10 - 89.35) Sell Limit: 87.03 Stop Loss: 89.73 Take Profit: 79.44 Shortby Mohamed_KabeshPublished 2211
XOM: Bullish Wave 5With OIl rising off the 2016 low, XOM could be on the cusp of a 5-wave 5Longby Will_WongPublished 5
XOM - Long IdeaXOM has bounced off of daily demand area and has formed an upward trend on low and high timeframes. Trading volume increased significantly on Friday. 1st target around $76 and 2nd target $77.50. Let's not forget the attractiveness going long on a high dividend stock. If not a bounce, than further consolidation in $73-$74 range. I believe it would take a major geopolitical oil event to send it much lower. Risk-reward is good.Longby KAS109Updated 0
XOM - Bullish Swing TradeThis is another Bullish swing trade I entered on Friday. In my opinion, Exxon is just above a good support area and is due for a move higher. Exxon really hasn't recovered from the pullback it made when the overall market pulled back in early Feb. but I believe that is about to change. Longby Bigsky_CryptoPublished 0