🔸️Ticker Symbol: XOM 🔸️Timeframe: 4 Hour 🔸️Investment Strategy: Short
TECHNICAL ANALYSIS: XOM is currently flashing a sell signal on our 4H timeframe and could see the price decreasing over the next week. Our money momentum indicator on the bottom dashboard is shifting lower indicating money is flowing out of the market. We also have a red dot representing a key ema crossover to the downside. With both of these in combination I do believe we have the potential to see XOM head lower to $96 and the first level of support followed by $94.60. Thanks for following!
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