Xom at the support level

I believe XOM is at the support level and since it is at the lowest Se/Oil price ratio Buying at 77-78 has a very good R/R.

Entry: 77-78
Stop loss: 74
Reward/Risk: 5
Target range: 93- 95
Time Frame: 6 wks
Possible gain:22.5 %
Possible loss: 4.5%
Position size: 5-10 % of trading capital

You can see the most important support(green line) and resistance (red line) levels.

Best,

Dr. Moshkelgosha M.D

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註釋

closing position at 81.5 is recommended