years on the market

Trading ideas for EXXON MOBIL Corp. (NYSE) 08.07.20202

#XOM

The support level 43.00 is holding back sellers. The descending pattern is truncated. Stochastic Oscillator signals an oversold condition, and Awesome Oscillator shows a bullish divergence.

#XOM shares rate online: monitor the price movement in real time.

Trading recommendations:

Buy when an ascending 1-2-3 pattern is formed, where wave 1 breaks through the inclined channel of the descending pattern.

Stop Loss under the local minimum (43.00).

Target levels: 49.00; 54.00.

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