$XOM Bull Flag54.59 support held very well. There is very nice bull flag formed above it. Yesterday (7/26) bullish momentum started. Today (7/27) if we see momentum to the new high it means bull flag is broken and we can expect another bullish momentum.by LionShare_TradingPublished 444
Bullish on XOMXOM has recently bounced off of its Fibonacci support while the MACD is displaying a potential buy signal as seen by the continuous reductions in selling pressure. I am bullish on the daily time frame for a swing to 64 but as the daily plays out I want to see if the weekly MACD displays any potential buy signals. Bullish Signals -MACD (less selling pressure) -B% is low -Bounced off of Fibonacci SupportLongby ddcakezPublished 7
ExxonMobil - still undervaluedPrice is below its 5-year moving average Likely, we are in a weekly third wave up.Longby UnknownUnicorn3382580Published 8
ExxonMobil (XOM) Nice Entry Point on D1 timeframe.ExxonMobil (XOM),D1: Mirror support level + Bollinger bands + Spinning tops + OversoldLongby Dmitry_NikolaevPublished 115
🟡 WATCHING $XOM for ENTRY TARGET @ 58.21WATCHING $XOM for ENTRY TARGET @ 58.21 I will repost when it get’s closer if it goes that way and if it makes higher highs I’ll repost with new entry. Look to the right. ENTRY target in grey. Sell target in green. Double position target in red. That’s it. I’m starting to also add in a few support levels as well. I’m also thinking about doing the Entry targets on YouTube instead, maybe twice a week… I think the 10 daily charts should be for new positions, targets hit, and adds… by SPYder_QQQueen_TradingPublished 11118
XOM - Trend Breaking DownXOM trend breaking down here. Having tagged long term resistance price appears to have formed an initial collapsing structure that could signal the start of a bearish trend . Volume decreasing and bearish divergence also. Might open a little short on this if price bounces to recent 0.618 / 0.786 of the local sell off for good RR. Looking for an easy no heroics trade back to 0.5/ 0.618 retracement $45 POC support area . Will exit if price drifts above resistance. Shortby dRends35Updated 117
As another request, my view on XOM! 👀As @tomgjuraj requested, I’ll share my view on XOM with you today! We do have many interesting signs. We have a RSI divergence, and we are above a support area. We don’t see any buy sign, and the 20ma is a resistance, but if XOM breaks it, then we might see a rally. XOM is pretty oversold in the 4h, and e are above the support. If it break the 20ma in the 30min, it’ll be a good sign. We are outside the BB, and if XOM closes inside it again tomorrow, I think it’ll confirm a rally, maybe to the 63. This is about 5%. It is worth to watch these points on XOM for now and see how the price will react. If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉. See you soon, Melissa.by UnknownUnicorn21312077Published 5
Bearish divergenceAfter a huge rally ( more than 100% ), I can see a bearish divergence on MACD . So, we might see a pull back. I would take some profit here Or buy some put options. Please note: - I'm just sharing my view. it's not a recommendation for buying or selling. Shortby MrMercatoPublished 334
Long | XOMNYSE:XOM TP1: 64.80$ Call options, Strike 70$, 07/16/21 *This is my idea and could be wrong 100%Longby shksprUpdated 222
XOM64 was the entry trigger. If XOM can stay above 64, it can move up to 65.5 by the end of the week. My current position is the 64.5C 6/18. $.46 by KevinBurrowsPublished 886
XOM is going to XOOM (along with the entire sector)Oil plays are set up right now. Beautiful cup and handles. Bounces off the trendline and just launched off the 20 SMA. Lot's of resistance ahead, watch for a volume spike to get through. Give it some time. (3 months). Oil go Xoom. Longby barrychartsUpdated 995
XOM Price Target $71 by DecemberWhile the Energy sector as a whole is trending up with the rise in crude oil and the demand for it. However, until now, Exxon Mobile was under a lot of scrutiny for not embracing ESG protocols, which led to their attack from "Social-Good" Activists. This, in-turn, led to the conversion of the leadership strategy, which now prioritizes removing their carbon footprint. With that said, they have now cleared that obstacle as well as moved back to full operability. To avoid overcomplicating things, $XOM has amazing financials, is a market mover, AND now is a favored oil firm in an incredibly booming market. They will have an amazing earnings call next session and this will propel them to the next level. My recommendation is to add 10% of your portfolio to this firm with a 10% trailing stop loss. The price target is between $68 - $71 by end of the year. Happy Investing!Longby calisailor209Published 447
Technical analysis update: XOM (7th June 2021)Recently RSI and MACD turned back to bullish side. At the same time ADX shows signs of revival. In addition to that oil price keeps rising. We think that XOM will continue its rise above 1st resistance at 62.55 USD. XOM currently provides very interesting setup. Our short term price target for XOM is 62. 50 USD and our medium term price target is 65 USD. Here is setup from 8th May 2021: It is very similar to the current setup. Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.Longby TradersweeklyUpdated 8
$XOM Exxon Mobil. Cup and handle - BullishExxon Mobil is build a bullish looking cup and handle. A break of the neckline would open a $70 price target. I have a positionLongby KoosKanmarPublished 7
BuyFirst target 66 USD for short term !! (The trend is your friend, until the end )Shortby knight6604Published 0
XOM Cup and HandleI honestly think these are conservative targets, XOM could touch 70-80s by August.Longby KallanSPublished 116
6/1 XOMI got stop loss on my third time trade on XOM, but looks like still a reachable target to 70by Tom_the_MoonPublished 4
XOM...XOM readyGartley completed, retested of .886 many times, XOM ready to take off. Longby sro2506Updated 2
XOM possible breakout following double-bottom?XOM ready to reverse its trend and go to new highs following a textbook patternLongby boonkgangPublished 2
XOM ready to go higherCup with Handle. Handle is a falling wedge. You are trading a bullish pattern inside a bullish pattern. On you of that you have triple 4h bullish divergence on MACD on that wedge. And it's super easy to target and manage risk with very tight stop loss around $57.4. Oil is going up and demand will continue to go up this summer and while XOM is usually correlated with oil prices, it has yet to catch up to recent upswings in WTI. I feel like this is a very safe, long term position offering very good technical entry right now and perfect trade setup for a swing trade. Memestocks are pumping this week, but shoft towards commodities and safer bets is a real trend.Longby Ravich000Updated 114