XOM trade ideas
XOM - Dividend Play?Cant help but put on a long position here while there is "blood in the street" so to speak. Seeing XOM below 60 in my mind is quite a bargain. And with the dividend at 6.5%, seems like a reasonable acquisition despite the negative news and low oil price.
On a chart perspective, XOM has exceeded the -3 standard deviation on a 40 month moving average several times in the past but each time, quickly managed to rebound back up to and above the 40 month moving average.
ExxonPlease people wait for triggers on exxon..if your a trader take the swing trading triggers..BUT if your wanting to try and put this away for the next couple years for an investment, please wait for the 5/13 EMA on the daily to cross. We use different triggers for different things. you gotta figure out why your buying the stock before just getting in. Please be patient for triggers
Exxon mobile This guy has monthly support down here. As long as oil can start finding a floor, This one looks really interesting from not only a trading perspective but something you can put away for a couple year for an investment. Like always we brake the zone, then im wrong and get out. Wait for triggers. On this one id use a daily chart...5/13 EMA cross over ( if your looking at it from an investment view)
LONG in a very short term - Exxon mobile is found bouncing in the downtrend with a green bar . We could take advantage to this rebound looking 67.8 price as a 1st TP with a smal SL under the guideline. We check that the great volume that left the last red bar , in previous volumen like that the trend finished,