Skip to main content

Exxon Mobil (Symbol: XOM) is breaking lower today with a bearish non-cross-over signal between the 7-period and 20-period moving averages to be confirmed by the daily close., and a bearish MACD signal in construction. See our previous analysis XOM is doomed and Exxon Mobil the Lame Oil Duck. We went short at $73.86 with a target for this trade of $68 and stop level around $76.  

No Comments Yet

Leave a Reply

Your email address will not be published. Required fields are marked * logo

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: