EmpowerTrader

Exxon Mobil Testing Support Level as Oil Fell Last Week

לונג
NYSE:XOM   Exxon Mobil
Exxon's stock price fell sharply last week as global market equities saw big sell-offs. During this time, oil price fell as much as 6%. This lead the stock price to test to the first major support level of the bullish channel trend.

Trade Step-ups:

Scenario One (Bullish Reversal): Price rejects a bearish breakout from the trend that span back to February. Nevertheless, it is entirely possible for price to test the next support level at around 79.00.

Scenario Two (Bearish Breakout): Price falls below channel trend, look for consolidation below 78.00.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.