Jump to content

Exxon Mobil Corp.(XOM:NYSE) Elliott Wave Technical Analysis 8 November 23


Recommended Posts

Exxon Mobil Corp., Elliott Wave Technical Analysis
Exxon Mobil Corp., (XOM:NYSE): 4h Chart, 8 November 23
XOM Stock Market Analysis: We have been looking at a potential wave 2 as we have been moving lower in what seems to be a corrective move. Looking to find support soon as we approach invalidation level at 100$.
XOM Elliott Wave Count: Wave {y} of 2.  
XOM Technical Indicators: Below all averages.  
XOM Trading Strategy: Looking for upside into wave 3.  
TradingLounge Analyst: Alessio Barretta
 
 
Stock23.thumb.png.5725fa81f649eee4f14144f5247b58c7.png
 
 
Exxon Mobil Corp., XOM: 1-hour Chart, 8 November 23
Exxon Mobil Corp., Elliott Wave Technical Analysis
XOM Stock Market Analysis: Looking for potential wave (c) of {y} to be missing one only leg lower. Looking for support at 103$ as there is an area of demand.  
XOM Elliott Wave count:  Wave (c) of {y}.
XOM Technical Indicators: Below all averages.  
XOM Trading Strategy: Looking for longs after upside confirmation.
 
Stock23(1).thumb.png.e48e88c2dbbc20b6b6375968ec4c1b6a.png
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...
us