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Trading Idea for Exxon Mobil Corp. (NYSE)

Exxon Mobil Corp. (NYSE)
#XOM

The trend is bullish. The stock is trading within the 365 and 135 EMA range. The descending wave structures are truncated. The Awesome Oscillator shows a bullish divergence, and the inclined channel of the internal truncated structure has been broken.

Trading idea:
Buy upon the breakout of 113.11.

Stop Loss: 110.37
Target levels: 115.70; 118.24

Author: GC

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