Exxon Mobilלונג
LOW RISK / HIGH REWARD
I'm using a WEEKLY chart for this one because I expect it to be a 30-60 day trade. XOM is below the lower Bollinger Band, as overbought as it ever gets and supported between here and 80. Earnings have already come and gone and I'm going out uncharacteristically long to April with the 4/85s @ $.93. I would not be surprised to see this back in the $86-88 range and it may not take that long...OZ
XOM is below the lower Bollinger Band, as overbought as it ever gets and supported between here and 80. Earnings have already come and gone and I'm going out uncharacteristically long to April with the 4/85s @ $.93. I would not be surprised to see this back in the $86-88 range and it may not take that long...OZ
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