$XOM bullish break above long 7.5 year trendline on monthly

$XOM bullish break above long 7.5 year trendline

And on the weekly looking like a golden cross (w/ my 35 & 180EMA’s which are quite reliable)

No trade plan right now, just an observation… I sold at 70.83 on the last swing but will add this one to my radar of things that could stay bullish. Energy stocks $XLE (SPDR Energy Sector ETF will be on my list as well)

Definitely a bullish move and I’ll be looking on the smaller timeframes for a possible entry…

Though, also noting, that in the last financial crisis XOM did decline as well, so that trendline will be watched carefully…




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I am not your financial advisor, but I will happily answer questions and analyze to the best of my ability but ultimately the risk is on you. Check out my ideas, but also do your own due diligence.
I am not a bull. I am not a bear. I just see what I see in the charts and I don’t pay too much attention to the noise in the news.

If you want me to analyze any stock or ETF just leave me a comment and I’ll do it if I can. (If I have time)


Have fun, y’all!!

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