As @tomgjuraj requested, Iโll share my view on XOM with you today!
We do have many interesting signs. We have a RSI divergence, and we are above a support area. We donโt see any buy sign, and the 20ma is a resistance, but if XOM breaks it, then we might see a rally.
XOM is pretty oversold in the 4h, and e are above the support. If it break the 20ma in the 30min, itโll be a good sign. We are outside the BB, and if XOM closes inside it again tomorrow, I think itโll confirm a rally, maybe to the 63. This is about 5%.
It is worth to watch these points on XOM for now and see how the price will react.
If you liked this trading idea, remember to click on the โFollowโ button to get more trading ideas like this, and if you agree with me, click on the โAgreeโ button ๐.
See you soon,
Melissa.
We do have many interesting signs. We have a RSI divergence, and we are above a support area. We donโt see any buy sign, and the 20ma is a resistance, but if XOM breaks it, then we might see a rally.
XOM is pretty oversold in the 4h, and e are above the support. If it break the 20ma in the 30min, itโll be a good sign. We are outside the BB, and if XOM closes inside it again tomorrow, I think itโll confirm a rally, maybe to the 63. This is about 5%.
It is worth to watch these points on XOM for now and see how the price will react.
If you liked this trading idea, remember to click on the โFollowโ button to get more trading ideas like this, and if you agree with me, click on the โAgreeโ button ๐.
See you soon,
Melissa.