EXXON MOBIl shares Sell IdeaEXXON MOBIl shares Sell Idea @Weekly Supply Zone (87.10 - 89.35) Sell Limit: 87.03 Stop Loss: 89.73 Take Profit: 79.44 Shortby Mohamed_KabeshPublished 2211
XOM: Bullish Wave 5With OIl rising off the 2016 low, XOM could be on the cusp of a 5-wave 5Longby Will_WongPublished 5
XOM - Long IdeaXOM has bounced off of daily demand area and has formed an upward trend on low and high timeframes. Trading volume increased significantly on Friday. 1st target around $76 and 2nd target $77.50. Let's not forget the attractiveness going long on a high dividend stock. If not a bounce, than further consolidation in $73-$74 range. I believe it would take a major geopolitical oil event to send it much lower. Risk-reward is good.Longby KAS109Updated 0
XOM - Bullish Swing TradeThis is another Bullish swing trade I entered on Friday. In my opinion, Exxon is just above a good support area and is due for a move higher. Exxon really hasn't recovered from the pullback it made when the overall market pulled back in early Feb. but I believe that is about to change. Longby Bigsky_CryptoPublished 0
XOM Technical Analysis1. We could be looking at the bottom of the price pullback which started at the beginning of Feb 2018 after share prices managed to bounce at the bottom of the two-hour price chart 2. Recently we saw prices fell twice below the price channel but managed to get back and hold within the two hourly price channel. 3. In the last trading session, we saw 2x2 hourly price candles open and closed above 77.00 a critical resistance price point 4. The next resistance is at around 78.71Longby RotumaPublished 0
XOM: Dramatic drop a buying opportunity Looking at this long term I believe we are likely at the end of a large consolidation (in this case a contracting triangle). Will be buying some this week. Stop for me is a close < c. Process your way. Longby goodguyUpdated 885
Bullish bias for Exxon @ strong support lvl & bullish trendlineGeneral overview: 1) general direction since 2010 has been bullish 2) a 61.8% retracement occurred in late-2015, and we are at a similar level 3) lower highs seen after the massive retracement, though lower lows not being tested till recently What I like: 1) the pin bar pokes through a strong support level, bullish trendline, and the 61.8% retracement and closes above all three 2) excellent R/R of around 2-3 (depending on stop loss location, either way quite favorable) 3. if price hits target and breaks the upper limit of the triangle, price target will be moved even higher up till ~$104 mark. This makes a R/R of around 2 to a 6 easily. What I dislike: 1) subsequent day of the pin, price broke the high but closed not very much higher - this may be a sign of weakness Others to note: 1) volatility in stocks globally are higher than usual. This means stop losses should be placed slightly further than usual to avoid being a victim of whiplashes. *This is my first few attempts to contribute to the tradingview community. All suggestions/feedback welcome! x iskfxLongby PineConnectorPublished 1
XOM Weekly bullish bat pattern and 70 fig combinationPeople had waited for a pulled back on the stock market for over an year and it finally came, which make the bears enjoy some party there. Overall, I'm still more bullish about the market but I have no intention to catch the falling knife, so let's get back to the techniques I knew and the bottom-up strategies! Finally there got some harmonic patterns trading opportunities on these big names, and when it comes to fluctuation, I would like to turn to some defensive sector to participate the market in a less risky way. A 70 fig may accumulate enough buying power itself, and it's even better with a bullish bat pattern! I'll focus on intraday or even daily reversal sign near 70.00 to long! Let's see how it goes!Longby Trader_Joe_LeePublished 6
XOM S/R BANDXOM, within a nice s/r band that had many touches in 2015 & 2016 and held. A good longer term play would be to pick it up around here.. .stop under Entry anywhere in s/r band stop: under 70ish 2r target up at 89ish Obviously OIL and Mother market must agree.. Longby SupportResistanceTraderPublished 2
XOM Long IdeaXOM began recovering with the rest of the market on Friday afternoon. RSI on 1 year daily is oversold @ 35. Dividend stock (77 cents, ex-dividend date 2/12). Excellent opportunity to buy a demand area with relatively low risk. Stop loss below $73.90. I am long and will await confirmation to purchase more shares above $76.94 level in order to reach a reversal pattern on 5 minute chart removing several supply areas. With the recent volatility in the markets, investors are fleeing to the safety and value of dividend stocks. Considering the historic low price of XOM shares combined with this high quality, cash-rich company, a low-risk opportunity presents itself. Not to mention the current administration is pro-business and pro-energy.Longby KAS109Published 2
XOM. Recent dramatic drop looks like a buying opportunity I think we are at the end of a long consolidation (wave e of a EWT 4th wave). Stop would be close < c. Will be buying some this week. by goodguyPublished 3
XOM: Weekly uptrend active, potentially explosiveI'm long $CVX and $XOM as well as oil futures here. I like how this setup looks, so I'm looking to add to longs today, ideally if we break the previous high. Weekly trend is already up, and it's likely that we see a really explosive rally out of this juncture, so try not to miss the run! Best of luck, Ivan Labrie.Longby IvanLabrieUpdated 1116
ExxonMobil Perfect long term buy opportunity. Hi Guys, Here's good stock for investors out there, very high probability of going upside, it is at very good level for buy. i think it's part of bigger B wave, C wave still have to come, But looks very good to buy, possible level it can go i have shown in chart. Thanks & Trade safe.Longby Honey_Sharma_Updated 2