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EXXON MOBIL CORPORATION stock discussion

Oct 7

Another weekend spent making new charts that don't work. Did not work on Futures which means back to square one. 6hrs left to find something now. Oil is rocketing. Defence stocks will also probably be on the rise. Good Luck.

Oct 1

I wonder if we hold above $120 and shoot for $122 or break down and reject.

Any thoughts anyone ?

Sep 25

Holding this lower low on xom is crucial is its also the range POC entered some $116 calls expiring friday can see this hitting 117ish easily.

break off $114 and $113 invalidates this idea ofc.

Sep 12

Just in case there is any confusion on the condition of the oil market:
x.com/ericnuttall/status/1833135496853143597/photo/1

Non-commercial is significantly net short-er than during 2020, or ever. It's absolutely not logical or even now possible to unwind in a full functioning global economy. Managed money is expecting to sell those puts to retail and hold the bag for them. They have been kicking the can down the road, as the chart shows, rolling into more puts to keep the price at bay, until they can find more suckers to believe oil is worthless. This has potential to unwind spectacularly!