Exxon Mobil is currently overbought and is almost at the top of bullish channel. A retrace to 200MA is quite possible.
Furthermore, the daily RSI looks to be not supporting the current price action as it shows a clear divergence to the price.
I am opening a small short (2% portfolio) right now.
Furthermore, the daily RSI looks to be not supporting the current price action as it shows a clear divergence to the price.
I am opening a small short (2% portfolio) right now.
I am the defender of the retail against the wolves of the wall street
Disclaimer
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.
I am the defender of the retail against the wolves of the wall street
Disclaimer
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.