XOM: "on the road again!"XOM is bouncing off the yellow support line and is heading to its 52 weeks high before its earnings on April 31st. All indicators are in favor of this bullish movement. You see a double bottom on the chart, and RSI which is rising, and the MACD that is about to cross up. Don't forget to check out the stop loss and make sure to set it as soon as you placed your trade. Nothing is guaranteed in this giant casino!
Anyways, this is a ~2:1 risk ratio trade and has a high chance of successful execution.
XONA trade ideas
Cup and HandleI have been waiting on XOM to find a happy place. I owned it, sold it, and now miss that fat dividend. The rising wedge scared me and the sell volume bar did not help )o:
OIL was popping then it pulled back, and back. But I have a funny feeling. The good kind. Fingers are crossed.
The moving averages are where they are supposed to be. The 50 is over the 100 and the 100 is above the 200. They are all sloping upward.
The handle low can be a good source of support. If you look to the left side of the cup, there is a gap up and a gap down very close together that could be great support.
Fortune favors the brave.
XOM - Oil BullishWarning you all right now. Do not sleep on oil. XOM is my favorite setup so far. Just reclaimed 21 EMA on the Daily and also 4H, broke short term down-trend, ready to rocket. Levels are clearly listed. You can play aggressive with weeklies, or get 4/16/21 or further out to give the play some time to pan out.
XOM Breakout targets after confirmed breakoutXOM is currently backtesting the breakout of an 'Adam & Eve' double bottom pattern. This goes along with hidden bullish divergence on both the 4h and daily timeframe.
This breakout has its price target a long way up, which is why the previous breakout high will be the first target, after which a historical support line is set as a target. The third target lies at the measured move of the double bottom pattern.
The stop loss can be put further down or slightly more up, depending on your risk tolerance.
In my opinion, this is a really strong setup, but always DYOR!
Continuation triangleVolume35,603,364.00
Close price56.49
Duration27 days
What It Means
The increasingly higher lows and constant highs within this pattern tell us that buyers are more aggressive than sellers, confirmed by a breakout through a resistance level to signal a continuation of the prior uptrend.
XOM (NYSE) - Continue Bullish after retraceGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
XOM (NYSE) - Continue Bullish after retrace
Greetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
HD (NYSE) - When it breaks, price go up
Note :
1. This is just a road map
2. After u know the rod map, u need to decide what is the entry strategy, and exit strategy where we do not explain here. if u will know more, let send us message
3. If your information/knowledge is intermediate, it is very dangerous to do trade.
XOM (NYSE) - Retrace firstGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, feel free to send us message (inbox).
Pra Trading :
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position and do not do nothing if u see opportunity
- Evaluate and upgrade your trading plan
Execution Strategy :
- Know what you want to buy, see the Fundamental
- Decide that you are on investing or speculating
- Consider what your strategy based on Investing/Speculating
- Make Road Map Of Your Trading Plan
- Decide
a. Entry strategy
b. Cut loss
c. Target of Profit
Post Trading :
a. Do not be sad if you loss or do not be very happy if you win
b. Just become a normal without emotion, Do not put emotion into your trading
c. Evaluate your trading
d. Keep on Learning
e. Be Humble
Idea :
XOM (NYSE) - Retrace first
$XOM with a neutral outlook following its earnings #Stocks The PEAD projected a neutral outlook for $XOM after a positive under reaction following its earnings release placing the stock in drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
XOM (NYSE) - BullishGreetings
Humbled, we would like to thanks for your support who has already liked, commented and followed us. Your support, strengthens us, to help in analyzing the market. If you have any questions, do not be hesitant to send us message (inbox). Our Service : Signal recomendation, Trading Course, Portofolio Consultation for multi asset such as Stock, FX, Derivative, Crypto, etc. If u are newbie on the stock market, do not be hesitant to contact me at Private Message. Our Job is to make u Prof trader and proftable trader.
Strategy
- Please care for Money Management
- Have a good psychology
- Do not be hurry to open position
- Evaluate and upgrade your trading plan
XOM (NYSE) - Bullish