$XOM C&H Breakout / Golden Cross$XOM C&H Breakout / Golden Cross. Looking for a close above $82.00 for confirmation. Note upcoming ER late April. See chart for possible near term targets. Note: Informational, not investment advice.Longby Triple_Barrel_Capital0
Exxon Mobil Long Target 1 95 and Target 2 100Exxon Mobil Long Target 1 95 and Target 2 100Longby KingRuling1
Dividend Capture Strategy for easy cash flowDividend Capture strategy for easy cash flow on XOM Exxon Mobil pays .82 per share quarterly and the ex-dividend date is this Friday (2/8/2019) the dividend pay date is on 3/11/19. So yearly Will get $3.28 (.82x4)for a dividend yield of 4.4% not bad. But by selling the ATM Put for $1.02 I will increase the premium plus dividend paid for the year to $4.30 and increase the yield to 5.77%. That alone is an improvement of 31%. If I don't get assigned I get to keep the premium and make over $500 in a couple of days and if I do get assigned then I will sell some calls to keep reducing my basis and improve my yield even more. The Trade: XOM Sold 5 ATM Puts @ 74.5 for $1.02 4 days to expirationLongby AlexanderGotayUpdated 8
Elliott Wave View Expects Exxon Mobil To RallyElliott Wave view in Exxon Mobil (ticker: XOM) suggests that the rally from December 26, 2018 low ($64.65) is unfolding as Elliott Wave zigzag. The first leg of the zigzag ended at $73.33 on January 18, 2019 high as wave A. A zigzag is a 5-3-5 structure and wave A should unfold in 5 waves in impulse or diagonal. We can see in the chart below that wave ((iii)) of A ended at $73, wave ((iv)) of A ended at $71.95, and wave ((v)) of A ended at $73.33. The stock then pullback in wave B with the internal as a zigzag Elliott Wave structure as well. Down from $73.33, wave ((a)) ended at $70.64, wave ((b)) ended at $72.27, and wave ((c)) ended at $70.37. Wave C rally has started and the stock is expected to break above wave A at $73 and could see as high as $79 when wave A = C. To gain confirmation for this view, the stock still needs to break above $73. Otherwise, technically we still can’t rule out a double correction in wave B. Near term, while pullback stays above $73.33, expect Exxon Mobil to extend higher.by Elliottwave-Forecast2
A huge short opportunity if resistance fail $XOM$XOM has retraced some of it's loses but is facing a strong upside resistance, downside support Rejection from here is opening a huge profit space.by seleucus0
XOM BUY (EXXON MOBIL CORPORATION)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.by thunderpipsUpdated 5
EXXON MOBIL CORPORATION (XOM): A Reversal Is On The Way?Find Winning Trades In Seconds >> efcindicator.com (Special Discount) The last three candles indicate the formation of a morning star, a strong bull flag. A breakout at the pivot level (P) is required.by SplinterZalinsk0
XOM RISING WEDGEAnother opportunity where the rising wedge should be touching resistance and preparing to break. Order placed - currently unfilled $71.65 Entry $73.55 SL $56.02 TP Take Profit is fairly deep so I will be watching closely and adjusting prices accordingly.Shortby HighnLowsUpdated 3
EXXON MOBIL Buy IdeaEXXON MOBIL Buy Idea @ Monthly Demand Zone (62.86 - 55.77) Buy Limit: 63.10 Stop Loss: 55.77 Take Profit: 79.47 Risk Management = 0.01/$100 Recommended Leverage not to exceed 1:50 Recommended Risk Ratio 1:2 – 1:3 Close partially the contract once it reaches 50% of profit, Move stop loss over the entry level Close partially the contract once it reaches 80% of the profitLongby Mohamed_Kabesh5
Where is best place to buy ExxonFinancial not that bad - 56 seems a potential target to but. by SkinwahUpdated 2
EXXON MOBILE POTENTIAL BOUNCE ON THE PREVIOUS DAILY LOWXOM has broken the last support with a strong impulse. I's now reaching the previous long term support on daily. Look to the price action around this level for a potential bounce. Longby cantestogo113
Exxon 8 RRR shortTrading Methodology: 1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend. 2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point. 3. A trend-based Fibonacci retracement triangle is drawn starting from the earliest trend touch point and ending at the earliest touch point of the opposite trend line . 4. Based on the degree, of the earlier defined angle, the appropriate (and secret) levels are selected for the fibonacci retracement ; two levels for stop-loss and two levels for take-profit. The closest stop-loss level to the current price level is the top priority stop-loss. Though the secondary stop-loss level is often chosen for some markets such as FX and some equities in order to account for seldom unexpected resistance breaks. The greater target level is the top priority, and where majority of the shares are sold, though some may choose to close part of the position at the first target level or set it to be the stop-loss once price exceeds it. Entries should be laddered in around the levels closest of the yellow line. This trading strategy can be applied to any market and time frame, and positions most often garner the greatest risk-to-reward ratio with the highest success rate. What more can you ask for? I will only be posting my unique trading strategy until EOY. I work solely with price action to identify pennants and apply unique trend-based fibonacci retracement levels for SL and TP levels. Reach out to me if you have any questions.Shortby fiboracle1
Exxon worth $119 by 2025 (8 RRR long)Trading Methodology: 1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend. 2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point. 3. A trend-based Fibonacci retracement triangle is drawn starting from the earliest trend touch point and ending at the earliest touch point of the opposite trend line . 4. Based on the degree, of the earlier defined angle, the appropriate (and secret) levels are selected for the fibonacci retracement ; two levels for stop-loss and two levels for take-profit. The closest stop-loss level to the current price level is the top priority stop-loss. Though the secondary stop-loss level is often chosen for some markets such as FX and some equities in order to account for seldom unexpected resistance breaks. The greater target level is the top priority, and where majority of the shares are sold, though some may choose to close part of the position at the first target level or set it to be the stop-loss once price exceeds it. Entries should be laddered in around the levels closest of the yellow line. This trading strategy can be applied to any market and time frame, and positions most often garner the greatest risk-to-reward ratio with the highest success rate. What more can you ask for? I will only be posting my unique trading strategy until EOY. I work solely with price action to identify pennants and apply unique trend-based fibonacci retracement levels for SL and TP levels. Reach out to me if you have any questions.Longby fiboracleUpdated 2
XOM Potential LT bottomAbove the 200 ma monthly and showing a good pattern to potentially test ATH's later on before a breakout. Longby PKA1