XOM, a decade low with a bullish gartley
XOM just had a disappointing earning report and Goldman downgraded it,
with such a weak oil price..
There are many facts for this oil giant to drop, showing terrible relative weakness in a bull market like 2019.
Still, I'm willing to look for chances for some position in this name as a buy-low opportunity,
the important spot will be around 56, to see if there are any kind of reversal sign for me to long.
A bullish gartley that took 10 years to form!?
I'll be interested in it carefully yo.
Let's see how it goes!
with such a weak oil price..
There are many facts for this oil giant to drop, showing terrible relative weakness in a bull market like 2019.
Still, I'm willing to look for chances for some position in this name as a buy-low opportunity,
the important spot will be around 56, to see if there are any kind of reversal sign for me to long.
A bullish gartley that took 10 years to form!?
I'll be interested in it carefully yo.
Let's see how it goes!
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