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Exxon Mobil
Short

Head & Shoulders Continuation Pattern

105
XOM

A nice H&S pattern forming on the EXXON share price. The stock had been bearish for a while now. If/When the price breaks through the neckline (Below the $40.93 level), gives a good shorting opportunity with decent Risk/Reward ratio.

VillageTraderZA
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Chart PatternsTrend Analysis

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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.
Chart PatternsTrend Analysis
VillageTraderZA
Also on:

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.