Short Idea - XOM Exxon Mobile Corporation - Updated 011923Looking at the chart(s) of XOM Exxon Mobile Corporation , are they signaling a short opportunity on the back of lower growth outlook(s) for 23-24'? 🛢⛽️ 📉 Not going to provide much commentary on the macro outlook for U.S. Crude Oil CL1! CL2! CRUDEOIL1! CRUDEOIL2! WTI1! WTI2!, just the charts of XOM: XOM Weekly Chart: 📊 XOM Daily Chart: 📊 XOM 4-Hour Chart: 📊 XOM Hourly Chart: 📊 XOM 15-Minute Chart: 📊 Here is a more detailed XOM (Short) analysis from @dRends35: 📉 What do you think about an XOM (Short)? 🛢⛽️ 📉 Let me know in the comments below! 👇🏼 Shortby kylemusserco114
XOM - Top Is In 🧐XOM appears to be topping here at the long and shorter term Fibonacci cluster shown on the chart. The long 1:1 trend based Fibonacci extension is taken from the 3 major pivots from the bottom that defines the approximate topping area. I have been looking at this area for some time see linked thread . Shorter term there are two 2 point reverse Fibonacci extension hitting 1.272 and 1.618 just above the long term extension. This is very common that the shorter term extensions define the overshoot of the long term extension. Other clues were the Adam and Eve structure with "Adam" impulsive spike back in June forming the "BC Buying Climax" and "Eve" corrective dome showing upside impetus waning that also forms "UT UpThrust." Within the dome the inverted Wyckoff "Creek" ascending channel printed as shown in the basic Wyckoff Accumulation Schematic image on the chart. Another key chart is the XOM/USOIL pair and this is probably topping in this area with a long wicked and small bodied Shooting Star perfectly striking the 2.272 and revealing the probably reversal. Once this /USOIL pair gets moving to the downside it should get really nasty for XOM as it will be in a downtrend against USOIL and USOIL itself appears to be breaking down from a long term trendline to go continue the downtrend against dollar see linked thread . Another clue was the XOI Oil Index (that XOM is part of) that printed 2 shakeout reversal pattern Adam&Eve probes through the long term trendline. Plenty of RSI divergence also showing a probable collapse. This topped perfectly at the 1:1.13 extension which is a common phi related overshoot ratio for the 1:1. This is still a great momentum trade right and and who knows it may bounce. I actually have targets to go higher but the writing is very much on the walls here and just to show you that I have been waiting for this and have potentially shorted the top. Shortby dRends35Updated 1515327
Exxon mobil and other oil stocks are boughtNYSE:XOM PEPPERSTONE:NATGAS Oil stocks usally follow natural gas and the price of oil pretty closly. this makes sense since they sell oil and if the price of oil goes down then should the stock selling that oil. recently this has not been true as the price of oil and Natural gas have fallen Oil companies are not falling but why?? i belive this is because of very high profits which they got when the price of oil was high and also investors thinking that the price of oil will rebound i think oil is over bought as the underlying asset is down but the Stocks selling those assets arent Not Financial Advice just an opinon fell free to Correct me on any of my points if i didnt see somethingShortby Aplex_1Updated 2
Exxon Mobil time cycle and pattern analysis**disclaimer: this post reflects my personal opinions from my own charting analysis and should not be used as financial advice of any kind. There are no guarantees in the market and I am just a guy on the internet*** This is a very brief analysis of XOM stock which is approaching a significant swing trading cycle trough (in blue) with a trough around February 16-17 as an estimate. There is a fib channel and extension here, the 161.8 extension has not been hit (117ish). It might not get hit. Or it may exceed that and hit the fib channel just above it around 120. That is where I'm looking for a top - 117-120, HOWEVER; if the current part of the bubble that has grown here is just a bear flag after a top was already put in, we will know very soon as price will start making lower highs and lower lows on shorter time frames. In that case we could see a decline from HERE into that trough in the middle of February. In any case, I believe this chart has either topped, or is about to top. by thestructured4
XOM - Price Targets & Stop Loss📈 What’s up investors! 📉 Welcome back to another one of 💡 “Mike’s Ideas”. 💡 I post as I find signals… these signals are based on the personal rules I have built and follow in order to make up what I call the “SST Strategy” . Follow for more ideas in the future!! I have 4 levels marked and colour coded on the Chart. These levels are: 🔴 Red = Stop Loss 🟢 Green = 1.2:1 Risk Reward Ratio 🟡 Yellow = 1.5:1 Risk Reward Ratio 🔵 Blue = 2:1 Risk Reward Ratio 👀 So what are we looking at today…!!! 🚨 ( XOM ) Exxon Mobil Corporation 🚨 Explores for and produces crude oil and natural gas in the United States and internationally. It operates through Upstream, Downstream, and Chemical segments. The company is also involved in the manufacture, trade, transport, and sale of crude oil, natural gas, petroleum products, petrochemicals, and other specialty products; manufactures and sells petrochemicals, including olefins, polyolefins, aromatics, and various other petrochemicals; and captures and stores carbon, hydrogen, and biofuels. As of December 31, 2021, it had approximately 20,528 net operated wells with proved reserves. The company was founded in 1870 and is headquartered in Irving, Texas. Longby sststrategy3
XOM Long position - BUY - Similar pattern to 23rd Sept 2021. Immediate-term confirmations from Stochastics, RSI, MACD. If trends repeats and continues, estimated time to profitability is 4 months ~ May 2023. Bearish engulfing candle gives a good confirmation of entry point at 110. Stop-Loss of 10%. Longby ashpat86221
Is Exxon Mobil prime for a trend reversal after 280% rally?On 8th November 2022, shares of Exxon Mobil reached a high of 114.66$, marking over a 280% increase since their lows in March 2020. The company has enjoyed this two-year lasting rally thanks to the growing prices of oil, which translated into growing corporate earnings during this period. However, with oil prices peaking in the first half of 2022 and worsening economic conditions around the globe, shares of XOM might be positioning themselves for a trend reversal. In addition to that, the U.S. government seeking to increase taxes on oil producers also does not help the situation. Therefore, we will closely monitor the price action. We want to see the price break below the immediate support/resistance level and a pick-up in volume to support our thesis. With that outlined, we want to set a price target for XOM at 90$ per share. Illustration 1.01 Illustration 1.01 displays the weekly chart of XOM. Volume can be seen declining for the past eight months while the price kept rising. That hints at fewer investors willing to buy the stock at elevated levels. Technical analysis Daily time frame = Bearish Weekly time frame = Bullish but losing momentum Illustration 1.02 Illustration 1.02 shows the daily chart of XOM and 200-day SMA. Please feel free to express your ideas and thoughts in the comment section. DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not be a basis for taking any trade action by an individual investor. Therefore, your own due diligence is highly advised before entering a trade. Shortby TradersweeklyUpdated 5858422
XOM Ready to ReverseBearish butterfly pattern completed on XOM. Looks like it could roll over with the rest of the market.Shortby anAirdropUpdated 223
A closer look to XOMPrice is turning around and is heading to test the support level at $108 for 3rd time in less than a month. Oil is dropping and dragging energy stocks into a hard correction. I have a short position and I just bought some puts expiring on 01/01/23. I think is going to test the $108 support level for 4th time and then break it out. See my previous post lines below.Shortby ArturoLUpdated 9
$XOM Analysis, Key levels, and Targets $XOM Analysis, Key levels, and Targets I love trading energy… I’ve been selling puts on XOM for a bit and they keep winning…. But I think we might see some downside here… I’m looking at 97… not selling puts yet but watching… Shortby SPYder_QQQueen_Trading2212
Exxon Mobil Analysis 28.12.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow! You can also check out my previous analysis of this asset: 02:31by basictradingtv202022
XOM, 10d+/-25.53%falling cycle -25.53% more than 10 days. ================================================================================================================================================================== This data is analyzed by robots. Analyze historical trends based on The Adam Theory of Markets (20 moving averages/60 moving averages/120 moving averages/240 moving averages) and estimate the trend in the next 10 days. The white line is the robot's expected price, and the upper and lower horizontal line stop loss and stop profit prices have no financial basis. The results are for reference only. Shortby Tonyder2
XOM $115 target still in playXOM's most recent rally fell slightly short of our predicted $115 target. At this your STOP LOSS should be moved to BREAKEVEN. Price action found support off of the channel structure which puts our sights back on to the $115 target in the coming week(s).Longby SpecialeAnalysis0
Merry Christmas Exxon Mobil Short SellingShort Selling opportunity on XOM. All details are on the chart. Merry Xmas and happy trading.Shortby ppatrading1014
Exxon Mobil Has Pulled BackExxon Mobil is the fourth-biggest gainer in the S&P 500 this year, according to TradeStation data. Its recent pullback may interest trend followers. The first pattern on today’s chart is the consolidation over the last two weeks. Notice how XOM made a higher low last week and has now pushed through a falling trend line. Next is the level around $104.76. The stock peaked there in July 2014 and again last June, but now is attempting to bounce at it. Has old resistance become new support? Third, the Relative Strength Index (RSI) rose above its moving average. Similar crossovers in July and September were followed by rallies in price. (See the white arrows.) Will the pattern repeat this time? 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 TradeStation10
Exxon Mobil - Next strong supportsThree supports are expected on Exxon mobil stock price. Long positions can be opened from these three supports : - White for daily timeframe - Orange : weekly - Green : Monthly ( big ROI if reached ) Exit at first bearish signs ! Longby MonstralianUpdated 2
Exxon's short term bias has turned negative.Exxon Mobile - 30d expiry - We look to Sell a break of 102.28 (stop at 105.22) We are trading at overbought extremes. Bearish divergence can be seen on the weekly (the chart makes a higher high while the oscillator makes a lower high), often a signal of exhausted bullish momentum, or at least a correction lower. Short term bias has turned negative. Short term MACD has turned negative. There is no clear indication that the downward move is coming to an end. A break of the recent low at 102.37 should result in a further move lower. Our profit targets will be 95.15 and 94.15 Resistance: 106.20 / 108.54 / 112.00 Support: 102.37 / 99.00 / 96.75 Disclaimer – Saxo Bank Group. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like any and all indicators, strategies, columns, articles and other features accessible on/though this site (including those from Signal Centre) are for informational purposes only and should not be construed as investment advice by you. Such technical analysis are believed to be obtained from sources believed to be reliable, but not warrant their respective completeness or accuracy, or warrant any results from the use of the information. Your use of the technical analysis , as would also your use of any and all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features. Please also be reminded that if despite the above, any of the said technical analysis (or any of the said indicators, strategies, columns, articles and other features accessible on/through this site) is found to be advisory or a recommendation; and not merely informational in nature, the same is in any event provided with the intention of being for general circulation and availability only. As such it is not intended to and does not form part of any offer or recommendation directed at you specifically, or have any regard to the investment objectives, financial situation or needs of yourself or any other specific person. Before committing to a trade or investment therefore, please seek advice from a financial or other professional adviser regarding the suitability of the product for you and (where available) read the relevant product offer/description documents, including the risk disclosures. If you do not wish to seek such financial advice, please still exercise your mind and consider carefully whether the product is suitable for you because you alone remain responsible for your trading – both gains and losses.Shortby Saxo4
Rounded topVery similar to a cup and handle pattern but this one is often bearish. Possible that this will have a leg up to form a makeshift handle, but no always. This kind of looks like it already did this but hard to say for sure. Targets in both patterns are measured by projecting the depth or the cup either up (in a bullish cup) or down in a bearish cup. Price can stop short of these levels or even go deeper. Life is full on unknowns. Be safe and no recommendation. I was a huge longer when oil was at the bottom. When oil/gas takes it's final fall, I sure do not want to be standing under it )o: Volatile as a volcano so hard to trade for sure. Stop above 108.90 or where you see resistance if you are short.by lauralea3
#XOM 2-2 reversal in monthly chartHello dear Traders, Here is my idea for #XOM Price closed below yellow line (previous month low) Targets marked in the chart (green 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!❤️Shortby Diplo_Trades2
Is Exxon a good idea Not sure I want to invest in oil and gas right now doesn’t seem like there’s much return here at these levels plus a phase out of gas powered motors will definitely put pressure on earnings as well as a Recessionby activemufffin1
Exxon Mobil Analysis 10.12.2022Hello Traders, welcome to this free and educational analysis. I am going to explain where I think this asset is going to go over the next few days and weeks and where I would look for trading opportunities. If you have any questions or suggestions which asset I should analyse tomorrow, please leave a comment below. I will personally reply to every single comment! If you enjoyed this analysis, I would definitely appreciate it, if you smash that like button and maybe consider following my channel. Thank you for watching and I will see you tomorrow!02:43by basictradingtv8813
XOM ANALYSIS Na hsfsgsgsmsgngdm GM zg arah ask ahr wrhwrj wfbwtjwtgwrbwtbabt rahrta hrhwthhs hwgst wrhwhhrs rahsrhaths thwwnetnsnstn .Shortby Trading_5051