There are worse bets to make than XOM to ~$122.25. It has passed a few significant external peaks and is on it's way through the last peak from Feb.
If it manages this $122.25 could be in the cards. A swift pass through $122.25 would make the probability of $131.26 higher as well.
If it manages this $122.25 could be in the cards. A swift pass through $122.25 would make the probability of $131.26 higher as well.
Trade fechado: stop atingido:
XOM broke down around
120
for an absolute shake out. This has been common recently and assuming it doesn't pass the external peak around $109 this could be the new anchor point C for the next leg up.