XOM still bearish, needs to find bottom/consolidateNo clear direction on XOM, still downward moves. Technicals also not looking the best, negative divergence could signify that it still has room to drop. Copyright Rohan Karunaratne 2020
1XOM trade ideas
VALUE_BULLISH BUTTERFLYThe X-B is off a little, should be at .786. It's @ .764. But it's a monthly over 10 years.
I don't think this has a chance of playing out with unless their business model changes, but over another 10 years, maybe.
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.
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
