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ExxonMobil Trading Analysis (21/11/2023)

21.11.2023

Market Review

The trend is overall ascending. The downward wave structure is truncated. There is bullish divergence on the Awesome Oscillator, and the Stochastic Oscillator signals the oversold state. The sloping channel of the descending truncated structure is breached.

ExxonMobil Stock Price Chart as of 21/11/2023 with technical indicators

Trading idea:

By at 105.85.

Stop-Loss at 101.50.

Target price levels: 113.20, 118.85.

#exxonmobil #stock #stocktrading #tradingstrategies #tradingmt5

Author: GC
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