nakarmi

$XOM Bullish

Long
NYSE:XOM   Exxon Mobil
It did a pullback after a very strong rally. The historical S/R line and the demand zone will be our point of interest. I still think $XOM is still very bullish, today's pullback was a much needed for a healthy move up. Its better price drops now than a massive drop after a strong bullish run which would be nasty. If price falls below the invalidation line then the setup is void.

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