AllDayInvestor
PremiumWeekly RSI still over 30. Need it to come down more. Deep in the box before start buying.
Almost in the buy zone (box). Might start adding some tomorrow if decline continues.
Strong volume support at current price. Also heavy volume trend along with bullish indicators saying this stock is going higher. Zoltar is on vacation.
Zoltar say, stars are saying D is heading down. Watch for recurrence of long duration oversold indicators (the two small boxes), the longer it stays in oversold territory, the lower it goes.
Zoltar says stars are telling him ED has broken a major support and more downside to come. Look out for low 60s, but could head much lower.
Zortar says SO rolling over, likely to find support around $55 but could head further lower. Major support around $50. If you are going to trim, better do it quick or wait for it to make a turnaround trip to $60.
Zoltar says a resounding Yes. Major volume support around $450. A 30% drawdown from current price.
Not much vol support above 12000. Would it crash like it did after Dec 2017?
XOM in secular decline since 2014. Covid-19 accelerated that decline, sending the stock over the cliff. Suggest avoid.