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