BACKTESTING XOM AND USOBACKTESTING XOM for Tweezer Top candle stick formation and profitable entry and exit strategies XOM MARCH 8TH TWEEZER TOP FORMATION ENTRY CANDLESTICK WAS AT 2PM USO MARCH 8TH TWEEZER TOP FORMATION ENTRY CANDLESTICK WAS NOONby ServantLeader2470
XOM | LONG| Long-termXOM is making Higher Highs and Higher Lows. It will move from there making new Higher Highs and Higher LowsLongby waseemahmedfaruqi0
Is DCA method fool proof ?I am frustrated when I read comments on social media when Financial Agents are saying to do Dollar Cost Averaging to their clients and not to time the market. I picked this stock, XOM which was Warren Buffett's favourite stock once upon a time. Had you done your DCA method from Jul 2002 to Jul 2014, a period of 12 years, you would have made a tidy profits of 243% (average of 20% per year which beats S&P500) On the contrary, had you been advised by a FA or listened to the crowd without doing any due diligence, your portfolio is definitely going belly under. Coincidentally, you are buying at the peak of XOM and buying more when it begins to slide further. Your loss would be around 71% if you continue to hold to current period. So you see, my friend, do take others advice with a pinch of salt. As I have said umpteen times, nobody should manage your money better than you. You and only you are responsible for your money. Over the last 6 years, not only had you lost your capital, incur a huge loss but more importantly, had lost a great opportunity to compound your capital for a higher returns. To compensate this loss, you will need to do the following 1. cut partial loss, transfer part of capital to better deployment 2. wait for XOM to recover to your purchase price, stop all DCA 3. increase your capital deployment to other assets to make up for the loss By learning to draw simple trend line (blue dotted line), one can see there were several failed breakdown (mark in orange) before it eventually break down in 2018. If you have not learn to short sell, by looking at the chart, you would know to avoid buying this stock and move on to better opportunities. Such is the simplicity and power of using trend lines. by dchua1969Updated 8
XOM Great Company Bad Chart - Short With Cheap Leap PutsTitle says it all this great company will be be back at $60 or below then when prices adjust to an eventual $35. Do your own DD Not adviceShortby NewYork888661
Buffett's tactics Patience! Patience!! Don't run. See how big the bags under my eyes are? The sparrow tactics The bird asked her mother, "How do I do if I don't have enough to eat?" A few more flights, Ten back and forth, you can eat more than 20 grains of millet, which is called many a mickle makes a mickle! Leading tactics Haven't you heard the big boys in the gang call them Alpha Dragon? Follow the dragon if you want!! Bottom tactics Xiao Ming invested in the house, thinking that he would make two sets in a short time. 10 years less struggle!! Clever! Analyst tactics Stop chasing! You're about to fall! True love life, away from blind bottom fishing! Dozen face again, if early buy can earn how much money??Shortby Haoge0
$XOM with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $XOM after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 80%.Longby EPSMomentum1
XOM coming in hot!$XOM coming in as a hot commodity right now, with the possibility of banning Russian oil in the US and other allied countries. left the other oil producers to be on the hot list for possible back up producer to counter the banning. for the people who doesn't know, Russia is the 3rd largest oil and natural gas producer in the world. with the banning being imposed, this will take a toll on most countries who relied on Russian oil and gas making a possible world wide shortage of oil and natural gas if the other oil producer can't keep up. Day trade or scalp target play: 03/ 08 /22 Buy call above 85.06 sell at 86.36 Buy puts below 83.67 sell at 81.74 Hello everyone, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only. Longby CHRIS_B580
Exposure to Flying oil prices..!Entry: The market opening price Stop loss: 74 Reward/Risk: 2-2.3 Target range: 105 Time Frame: 4-12 wks Possible gain: 20-25% Possible loss: 10-12%% Position size: 5% of trading capital You can see the most important support(green line) and resistance (red line) levels. Best, Dr. Moshkelgosha M.D DISCLAIMER I’m not a certified financial planner/advisor, a certified financial analyst, an economist, a CPA, an accountant, or a lawyer. I’m not a finance professional through formal education. The contents on this site are for informational purposes only and do not constitute financial, accounting, or legal advice. I can’t promise that the information shared on my posts is appropriate for you or anyone else. By using this site, you agree to hold me harmless from any ramifications, financial or otherwise, that occur to you as a result of acting on information found on this site.Longby Moshkelgosha1117
XOM the market is showing huge buyers entrance so we buy we expect a pull backShortby Boukhari_Abdallah111
2/3/2022 NYSE XOMDesicion to Buy. Entry Price = $79.50 . Target Price=$80.67. Stop Price=$78.33Longby Airecap_SuperUpdated 2
LongIdeally I would like to see the price pulling back towards the trend line before entering ! The move is quite extended and would expect a pull back ! Anyway it is a great stock with a nice dividend if you have to sit on it ! As I believe that oil will probably go back to the $100 in the next few weeks or months, I would expect Exxon to keep doing well!Longby BleckUpdated 333
$XON Exxon Mobil. Bull flag breakClassic bull flag break on Exxon with a $95 target price.Longby KoosKanmar7
$XOM hot commodity!$XOM has been one of the hot commodity for the past the few months. gas prices keeps surging up and up due to various reasons. for now, oil started to cool down after hitting the ATH and continues trend lower below ema line for the past few days for momentum move. although its started to pulls back, there's a possibilities that it might bounce back up due to war conflict between the two countries Ukraine and Russia. once the war is officially started the oil might start move again due to possible high demand. overall, the market is still very bearish and specially the tech market. please trade cautiously. Day trade or scalp target play: 02/22/22 Buy call above 76.90 sell at 78.90 Buy puts below 76.10 sell at 75.31 Hello everyone, welcome to this free technical analysis . ( mostly momentum play ) I am going to explain where I think this stock is going to go over the next day or week play and where I would look for trading opportunities for day trades or scalp play. If you have any questions or suggestions which stock I should analyze, please leave a comment below. If you enjoyed this analysis, I would definitely appreciate it, if you smash that LIKE button and maybe consider following my channel. Thank you for stopping by and stay tune for more. My technical analysis is not to be regarded as investment advice. but for general informational proposes only.Longby CHRIS_B581
Exxon ~ XOMExxon let's watch for a short with a LIS at 81. This one has lots of resistance around 80.Shortby tslatrades0
Channel UpSteep channel up with trendline broken. XOM has gotten some mileage out of the cup and handle and the inverse head and shoulders underneath it. There was also a descending triangle that broke to the upside before the channel up formed. I usually keep a few shares so I can keep an eye on it. Most of oil, for example, FANG and EOG, have rising wedges under price, or a pattern that looks to be setting up for a pull back. The price of oil has not moved down significantly that I know of, so I suppose it is just time for a pull back. Maybe there is news I do not know about, like this country is planning to produce more oil again or something? I do not think we are using less oil than we did last year so I doubt shutting down most oil production in the US helped improve our air quality or climate change etc. It seems we just buy our oil from other countries versus producing as much here? )o: Let me know if you know and news on oil, but a steep climb up like this is bound to pull back eventually. The moving averages are still in tact. No recommendation. “The difference between playing the stock market and the horses is that oby lauralea2
Ticker: XOM - 2/14/22 - 4 Hour Ticker: XOM - 2/14/22 - 4 Hour 🟢 Safe Entry Confirmation: 80.21 Break, retest and hold of structure with momentum 🟡 Scalp Target:80.32, 80.50 🔴 Daytrade Target: 80.60 🟣 Swing Target:80.80 💀STOP LOSS/Trigger for puts: 80.00 📝 IDEAL CONTRACTS: RISKY DAYTRADE: 82 XOM 02/18 (Mental SL) MEDIUM RISK SWING: 80 XOM 02/25 (30% SL) GAMBLE: 85 XOM 02/18 SQ P 1/14 (SIZE FOR 0) 💡Notes: Falling wedge hold above the 50 moving average (red). Volume at the bottom is increasing bar after bar. Liquidity secured from downside + BOS. Looking for continuation if price can hold 80.21 with sos (signs of strength). Puts break through 80 with momentum to grey key levels. Longby KingJerryB0
XOM- USO oil overdone!The oil trade has the masses crowding the same trades banks and energy up 26% in 5 weeks. Considering the economic data, the start of a bear market, slowing economy, possible rate hikes and the shift to EV oil got way ahead of itself and I would expect a 12-15% correction in the coming weeks. Some would look at this chart and call a breakout, I think an 8 year high in oil going into a slowing economy is reminiscent of 2008 when oil hit $151 intraday was a blowoff top, the same time Goldman Sachs was pounding the table predicting $250 a barrel oil, within a couple months later oil hit $35. I think as usual the crowd is wrong here and I am usually a contrarian on everything! BTW, Feb 9th is XOM ex-dividend date so likely the stock will remain artificially elevated until then. GLShortby ShortSeller76Updated 446
xom buyxom buy .. follow the uptrend channel buy above the resistance level at 80.68 .. finally target 86.39Longby kostaskondilis3
Exxon Mobil Corporation, close to distribution priceExxon Mobil Corporation, stylized as ExxonMobil, is an American multinational oil and gas corporation headquartered in Irving, TexasShortby zrrsysUpdated 883
Exxon may Challenge It's All-Time HighXO may challenge it's all-time high of 104.76. First Target 88.78 Gotta give credit where do... Parker Scott did call the March 2020 Low. "Hey man, nice shot".(by Filter)Long00:34by dougscott174112
XOM UpdateSo I ended up closing out most of my long position today (the option portion, I'm now official, again, a XOM HODLer. Is that what its called these days? Wow. This was much faster than I expected. I didn't think we would hit 83 until end of February, but wanted to give myself till March. I am still holding a small long position (2 contracts). It's small because its technically violating my rules. When my price target is hit, I exit. No questions. But XOM has been really preforming well and I anticipate great things in the future so I have no problem holding. I anticipate XOM testing the top of the April Supply Zone, then seeing a bit of a pull back. XOM is really overbought as these shorts are all crying about. However, the dangerous thing is, the more overbought it is and, the less pull back is needed to stabilize the RSI. For this reason, and because historically XOM's pull backs from overbought are around 5% I wouldn't advise shorting. But I also wouldn't advise jumping in long for a hold position at this point. My price target was 83 and we even exceeded that slightly today. I anticipate once we touch the top of that supply zone, we will get a retest back to the top of the bull flag for a roughly 5% pull back. This would be enough to stabilize RSI and let XOM continue to increase in price. Realistically price target could be around 79.50. However, if we break above that supply zone, we could see pull back in the 80$ range. I actually hope to get to the 79.50 area because I would definitely re-enter long. I haven't updated my regression modelling of XOM to give more of an indepth analysis. To be honest, I don't see the need. The fundamentals are there. The sentiment is there. Its performing well and holding its own. Chart patterns are okay. I don't want to over-complicate a good thing! The only concern is RSI but seeing how SPY and QQQ essentially ran in the overbought zone for the whole year of 2021 on the weekly and monthly charts, Meh. Whatever. Best of luck and happy trades! Longby Steversteves2
XOM 3-2-2 continuation? XOM had a beautiful Friday. The rev strat setup was lovely and it pushed immediately. Energy has been doing well, so I think it's still on watch. Possible corrective activity, or just a continuous push. If you can catch the bounce, trade it back into FTFC. Can play this both ways or just watch for the move. 10:19by my_stockcorner0
$XOM update $XOM update —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I have a huge tolerance for volatility so please know that. If you’re new to my trade setups please try them on a small scale first. Then go in with a risk you’re comfortable with. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news. If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time) And most importantly… Have fun, y’all!! (\_/) ( •_•) / >🚀 —————— I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence. I have a huge tolerance for volatility so please know that. If you’re new to my trade setups please try them on a small scale first. Then go in with a risk you’re comfortable with. I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news. If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time) And most importantly… Have fun, y’all!! (\_/) ( •_•) / >🚀Longby SPYder_QQQueen_Trading4411