XOM trade ideas
XOM - 1D - ReviewXOM is currently sitting in the support zone after the crash.
I usually trade under these conditions when there is a MACD or RSI divergence, but I could not find any. Hands-off longs.
I will be verifying in the future about possible short positions.
Xom is as cheap as it will beYou can see the most oil stocks are starting to climb. Even though there’s a push for a lot of electric vehicles and I’ll take a good 5 to 10 years for at least a third of the market to adopt.
$XOM paying only 10% dividendcompleted a 73.46 correction and ready to move higher. XOM wont cut their dividend imo and the price cant stay low forever. people will be leaving the nasdaq soon enough and will want to park money somewhere. this is the kind of parking lot they will use.
$XOM Starting off a low baseExxon recently broke through the 21MA and retested that break level again. Looking at some possible upside to $40 to challenge the downtrend. Small position against trend.
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.
ExxonMobil :You ain't betting against the Rockefellers,are you ?You ain't betting against the Rockefeller's company, are you ?
Nice bounce off the 61.8 Fibonacci retracement . Send it !
daily analysis of EXXON MOBIL CORPORATIONHi friends
the daily chart of this market shows that it will experience with a high probability a downward trend in the coming days but at the same time you have to be vigilant of the change from the direction to the opposite
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XOM, 9/9/2020, ENERGY IS OUT?
Hi, traders.
My name is Lukas and I am a beginner in trading, respectively, I only trade 9 months. But that means I have to do the necessary analyzes without it I can't trade. I want to show you how I work on myself and document my beginnings. I use Vix and my strategy is built on to return to average. I highlight the important support levels and resistances that flow from the volume profile, all drawn on graph. These zones determine the ability to respond in some way to the market from 1 to 3, with 1 being the largest.
Short description of analysis:
We are located in a very strong support zone, which is based on the very history of price fluctuations. It also corresponds with the VIX index. The holding period is possible for a period longer than 10 months. It contains a very interesting dividend and the original price before the ronacrisis was about 70 USD. So it is rather an investment, but very logical.
XOM will go down with lower oil pricesEXXON Mobile stock is going down to at least 30.
Oil broke it's trend and appears to be going down
Exxon has been in a weak position as it's also deposed out of the DOW index.
The major indexes showed weakenss last week and IMO will see at least 5-6% loss the next week.
XOM broke support and retest + descending triangle pattern me myself went short on XOM today after it broke the support and retested it again with engulfing candle on the 4H and on the 15MIN there is a descending triangle pattern with very low volatility where there is an opportunity to go short again when it breaks the triangle
XOM - buy support zone with profit targets analysisHello traders,
Description of the analysis:
Exxon mobile (XOM) support zone ideal for timing long positions (gray). Possibly profit targets (red).Trade what you understand, trade carefully and sparingly according to the business plan.
About me:
Hi, my name is Jacob Kovarik and I´m trading on stock exchange since 2008. I started with a capital of 3000 USD. My first strategy was based on OTM options. (American stock index and their ETF ). I´ve learnt on my path that professional trading is based on two main fundaments which have to complement each other, to make a bussiness attitude profitable. I´ve tried a lot of techniques and many manners how to analyze the market. From basic technical analysis to fundamental analysis of single title. My analytics gradually changed into professional attitude. I work with logical advantages of stock exchange (return of value back to average, volume , expected volatility , advantage of high stop-loss, the breakdown of time in options, statistics and cosistent thorough control of risk). At the moment, my main target is ITM on SPM index. Biggest part of my current bussiness activity comes from e mini futures (NQ, ES). I´m trader of positions. I´m from Czech republic and I take care of a private fund (over $4.000.000 USD). During my career I´ve earned a lot of valuable experience, such as functionality of strategies and what is more important, control of emotions. Professional trading is, in my opinion, certain kind of mental training and if we are able to control our emotions, accomplishment will show up. I will share with you my analysis and trades on my profile. I wish to all of you successul trades.
Jacob
EXXON MOBIL CORPORATION From the technical point of view, XOM checking several times its' previous support area which around $41, it seems bearish market trying to push stock price further down but the bullish remaining stronger on the support level! Personally, the share price would increase over the
long term future because COVID-19 vaccination positivity over shadow side. 1st target would be $44 due to next resistance level, furthmer more it would climb up to $46 and $49, however, things could get worse till its get better and this case share price would slide down to $38 and next $36. With all due respect, IMHO, I dont see the last option as scenario that likely to happen in the future! anyway, DYOR
Thank you
Biggest "Head and Shoulder" I have ever seenI think the chart speaks for itself.
Some useful addition: Do not short it now, wait for the Pattern to complete itself.
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.
