There are worse bets to make than XOM to ~$122.25. It has passed a few significant external peaks and is on it's way through the last peak from Feb.
If it manages this $122.25 could be in the cards. A swift pass through $122.25 would make the probability of $131.26 higher as well.
If it manages this $122.25 could be in the cards. A swift pass through $122.25 would make the probability of $131.26 higher as well.
Trade closed: stop reached
XOM broke down around 
120 for an absolute shake out. This has been common recently and assuming it doesn't pass the external peak around $109 this could be the new anchor point C for the next leg up.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.