Exxon Mobil

EXXON MOBIL Buy opportunity lower.

398
Exxon Mobil is trading between the MA50 and MA200 (1d) which is approximately the 0.618 - 0.5 Fibonacci range.
Technically the most usual buy opportunity is on the 0.236 Fibonacci level.

Trading Plan:
1. Buy when the 0.236 Fibonacci level breaks.

Targets:
1. 119.00 (the High on 3 separate occasions).

Tips:
1. When the RSI (1d) is on a downtrend and reverses to cross over the MA trend line, it is an action that validates the buy. Use this as an additional tool.

Please like, follow and comment!!

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.