Total Assets
Rate Of Return$ExxonMobil(XOM.US)
Let’s go through XOM’s technicals again especially after the SOH erupted again since my last post on her.
In all honesty, not much has changed to indicate that a rally is on the horizon although there is a set up for it.
Price has settled down off a three wave from the March top of 176.41. It is hovering above 200D MA comfortably and is capped at these levels. I believe it will need a catalyst to rally beyond 152 which looks like strong resistance at this point of time.
@Captain's Treasure
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