20.08.2021
Exxon Mobil Corp. (NYSE)
#XOM
The general trend is ascending. The stock trades in a range of 365 and 135 moving averages. The Awesome Oscillator shows a Bullish divergence, while the Stochastic Oscillator signals oversold conditions.
Trading idea:
Buy on an ascending pattern formation, where the wave (A) comes through the downtake of an ascending wave pattern.
Stop loss at a local minimum of a descending pattern.
target level - 63.94.
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