I'xe held XOP several years. It's a mid-sized oil and gas company, The daily chart looks as if it's at a critical point judging from the DMI/ADX calculation line. We'll see if XOP can stay above 132 today. The world crises becomes more critical each day if anyone looks under the MSM coverage. I set the VWAP price projections that all point higher and the volume...
I'm just imagining various scenarios regarding US crude. Please don't take me seriously. If you can see the two bright yellow horizontal lines, they represent a sloppy double top on the D chart. I've based the bottom on today's low, which also correlates to the Anchored VWAP low (wavey, nearly parallel fine red lines) that I set months ago, stupidly thinking that...
This Price was projected from a two-year WEEKLY CHART. My Best GUESS scenario. I best sell what I currently hold!! Is anyone Shorting this 3X piece of CRUD?