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EXXON MOBIL DRNEXXON MOBIL DRNEXXON MOBIL DRN

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EXXO34 trade ideas

Exxon's Make-or-Break Moment: $123 Resistance in FocusThe chart distinctly illustrates that the stock has been in a consolidation phase for over a year and is presently trading slightly below its resistance zone. For a potential upward movement, the price must surpass the 123 level and maintain its position above this threshold. At the same time, there is a significant likelihood that the stock price may encounter rejection once more, leading to a decline towards its trendline support level.
NYSE:XOM
by NaranjCapital
1
EXXON MOBIL Buy signal on the 1D MA200.Exxon Mobil (XOM) has turned sideways since the June 17 Low and yesterday hit and held and 1D MA200 (orange trend-line). Technically this calls for at least a Resistance 1 test on the short-term so we turn bullish, targeting 120.00 (marginally below that level). If however it turns out that the dominant pattern is indeed now a Channel Up, on the long-term we can see prices as high as the 1.5 Fibonacci extension (131.50), which is where the previous Higher High was priced on April 12 2014. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:XOMLong
by TradingShot
1
Looked at a bunch of markets Monday 9 23 I'd be taking my profits if I were long on gold. dxy is stuck at a support resistance level and it is above the support resistance line but could easily go lower and I show you that on the video chart. I don't think that oil is bearish but there's a scenario to look at to determine if you want to be a buyer seller and I show what the lines look like it's very easy to graph. it took a look at coffee which is been trading nicely to the support lines. Exxon Mobil is trading to arrange and for those who are comfortable with options there may be opportunities factoring in the range box which is a little bit over 5 points. soybean oil is doing well since our hypothetical entry... and I described things that I would look for including expansion of the market if the market starts moving a little bit higher.
NYSE:XOM
by ScottBogatin
1
Exxon Mobil (XOM) The spread between technological and energy sector had reached the overvalued territory - the upper border of the Bollinger Bands indicator (parameter of 20 daily candlesticks). Usually, that’s a potential signal for starting a rotation between techs and energy stocks. This spread may go down due to either a bearish pullback for techs or a bullish pullback for energies. The latter seems as a more realistic model given the improving market sentiment. Spread between XLK (tech stocks ETF) and XLE (energy stocks ETF). Source: Tradingview.com Exxon mobil stock (XOM) is consolidating within a massive chart formation, close to it’s bottom, and may bounce back, returning to the trading range, as displayed on the chart. The declining energy markets, particularly Crude oil, pressure energy stock prices down, but usually the improving market sentiment can lift energy stock prices too.
NYSE:XOM
by Exness_Official
Exxon Mobil May Show Bearish SignsEnergy is the worst-performing sector so far this year, and some bearish signs may be appearing in Exxon Mobil. The first pattern on today’s chart is the series of higher lows since mid-June. Most of them were followed by higher highs, but a lower high occurred in late August. A lower low followed this week. Is a breakdown starting? Second, prices have slipped below the 50-day simple moving average. That may reflect weakness in the intermediate term. Next, the lower study with our 2 MA Ratio script shows the 8-day exponential moving average (EMA) crossing below the 21-day EMA. That may reflect weakness in the short term. Finally, TradeStation data showed the Select Sector Energy Index ended yesterday 9 percent above its 52-week low. However, XOM was 18 percent above its 52-week low. That could make some investors think it will play catch-up to the downside. TradeStation has, for decades, advanced the trading industry, providing access to stocks, options and futures. See our Overview for more. Past performance, whether actual or indicated by historical tests of strategies, is no guarantee of future performance or success. There is a possibility that you may sustain a loss equal to or greater than your entire investment regardless of which asset class you trade (equities, options or futures); therefore, you should not invest or risk money that you cannot afford to lose. Online trading is not suitable for all investors. View the document titled Characteristics and Risks of Standardized Options at www.TradeStation.com . Before trading any asset class, customers must read the relevant risk disclosure statements on www.TradeStation.com . System access and trade placement and execution may be delayed or fail due to market volatility and volume, quote delays, system and software errors, Internet traffic, outages and other factors. Securities and futures trading is offered to self-directed customers by TradeStation Securities, Inc., a broker-dealer registered with the Securities and Exchange Commission and a futures commission merchant licensed with the Commodity Futures Trading Commission). TradeStation Securities is a member of the Financial Industry Regulatory Authority, the National Futures Association, and a number of exchanges. TradeStation Securities, Inc. and TradeStation Technologies, Inc. are each wholly owned subsidiaries of TradeStation Group, Inc., both operating, and providing products and services, under the TradeStation brand and trademark. When applying for, or purchasing, accounts, subscriptions, products and services, it is important that you know which company you will be dealing with. Visit www.TradeStation.com for further important information explaining what this means.
NYSE:XOM
by TradeStation
Exxon Mobil Corp | Chart & Forecast SummaryKey Indicators on Trade Set Up in General 1. Push Set Up 2. Range Set up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session Trend |Time Frame Conductive | Daily Time Frame - General Trend - Measurement on Session - Signpost * Support & Resistance * Trade Area | Focus & Motion Ahead # Position & Risk Reward | 15 Minutes Time Frame - Measurement on Session * Retracement | 0.5 & 0.618 * Extension | 0.88 & 1 Conclusion | Trade Plan Execution & Risk Management on Demand; Overall Consensus | Buy
CAPITALCOM:XOMLong
by jasper16231
Exxon Mobil (XOM) Stock Forecast & Price TargetThe labels that are used are ment to draft and measure context to the price action involved and contain no rules-engaged notebook + applied-set up indicators, but an avoiding interference to use other rules-engaged software to enhance in general, regarding to the watchlist and trade plan that is relevant to trade-on Within a 100K account balance the split on trade & risk management = 1/10% - 1/20% margin as an execution range, to set up an order entry and select a per trade on average, to avoid any drawdown hit regarding to the stop loss & to execute risk on management specifics. Trail stop efforts are a focus of attention to the set up in general when volatile-price-action is involved, mainly because of the usage of an intraday-scalp-position tool on behalf on the trade plan in general Key indicators on Trade Set Up in general; 1. Push Set Up 2. Range Set Up 3. Break & Retest Set Up Active Sessions on Relevant Range & Elemented Probabilities; * Asian(Ranging) - London(Upwards) - NYC(Downwards) * Weekend Crypto Session # TREND | TIME FRAME CONDUCTIVE | Daily Time Frame - General Trend - Measurement On Session * Signpost * Support & Resistance * Trade Area | Focus & Motion ahead # POSITION & Risk Reward | 16 Hour Time Frame - Measurement On Session * Retracement | 0.5 & 0.618 * Extension | 0.88 & 1 Conclusion | Trade Plan Execution & Risk Management on Demand; Exxon Mobil (XOM): Overall Consensus | Buy
CAPITALCOM:XOMLong
by jasper16231
ExxonMobil projects stability in global oil demand through 2050ExxonMobil has released a report projecting that global oil demand will remain stable until 2050 despite the accelerating shift towards renewable energy sources. According to ExxonMobil, oil demand is expected to stabilise after 2030, maintaining levels above 100 million barrels per day, closely aligning with the current 102.2 million barrels per day. This forecast starkly contrasts with its competitor, BP, which anticipates a decline to 75 million barrels per day by 2050. The report highlights that petroleum products will continue to play a critical role in industrial processes and heavy transportation sectors such as shipping, trucking, and aviation. Moreover, ExxonMobil notes that despite the increased adoption of electric vehicles and other renewable energy resources, oil and natural gas are projected to constitute over half of the global energy mix by 2050. This outlook supports an optimistic long-term scenario for ExxonMobil's core oil and gas operations. Technical analysis of Exxon Mobil Corporation (NYSE: XOM) Reviewing potential trading strategies based on the technical setup of ExxonMobil's stock: Timeframe : Daily (D1) Current trend : the stock is trending upward within an ascending channel, having recently rebounded from the support level at 114.00 USD and approaching a critical resistance at 120.00 USD Short-term target : the immediate upside target lies at the resistance level of 123.65 USD Medium-term target : a breach of the 123.65 USD resistance could pave the way for further gains towards 127.60 USD Key support : positioned at 114.00 USD Reversal indicator : if the stock breaks below the key support at 114.00 USD, it will negate the current bullish scenario, potentially driving prices down to 108.45 USD ExxonMobil's shares currently benefit from positive momentum, having broken the upper boundary of a descending channel. A successful breach of the key resistance at 120.00 USD would signify an exit from a Triangle pattern, potentially strengthening the bullish momentum with a target at 127.60 USD, aligned with the pattern's projected outcome. Investors should closely monitor ExxonMobil's movements, especially in light of its optimistic oil demand forecast and the potential impact on its stock price in the context of prevailing market dynamics and energy sector trends. — Ideas and other content presented on this page should not be considered as guidance for trading or an investment advice. RoboMarkets bears no responsibility for trading results based on trading opinions described in these analytical reviews. The material presented and the information contained herein is for information purposes only and in no way should be considered as the provision of investment advice for the purposes of Investment Firms Law L. 87(I)/2017 of the Republic of Cyprus or any other form of personal advice or recommendation, which relates to certain types of transactions with certain types of financial instruments. Risk Warning: CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 65.68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
NYSE:XOM
by RoboMarkets
EXXON MOBIL Downtrend Line Rejection At 119.31 02.08.2024Downtrend Rejection: Exxon Mobil (NYSE: XOM) shows a downtrendline rejection at $119.31 on the 1-hour chart. Bearish Scenario: If rejection holds, the price may decline to $114.25 and $110.27. Bullish Scenario: If rejection fails, the price could rise to $125.75 and $133.93. Apply risk management Risk Warning: Trading in CFDs is highly speculative and carries a high level of risk. It is possible to lose all of your invested capital. These products may not be suitable for everyone, and you should ensure that you fully understand the risks taking into consideration your investment objectives, level of experience, personal circumstances as well as personal resources. Speculate only with funds that you can afford to lose. Seek independent advice if necessary. Please refer to our Risk Disclosure. BDSwiss is a trading name of BDS Markets and BDS Ltd. BDS Markets is a company incorporated under the laws of the Republic of Mauritius and is authorized and regulated by the Financial Services Commission of Mauritius ( FSC ) under license number C116016172, address: 6th Floor, Tower 1, Nexteracom Building 72201 Ebene. BDS Ltd is authorized and regulated by the Financial Services Authority Seychelles (FSA) under license number SD047, address: Suite 3, Global Village, Jivan’s Complex, Mont Fleuri, Mahe, Seychelles. Payment transactions are managed by BDS Markets (Registration number: 143350) Disclaimer
NYSE:XOMShort
by Stuart_Cowell