XOM shows bullish momentum (score 9/9) but is currently avoided by the speaker due to geopolitical risk; seen as an opportunity if tensions ease.
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XOM, Exxon Mobil. A new bullish momentum signal. Let's zoom out a little. It seems like there are some outlier blocks hiding somewhere in my chart. Let's zoom out a little more.
This is here. So, looking back at that all-time high in March , there are some outlier blocks just above it. So, if you are thinking of investing in the energy sector. And again , the energy sector is moving forward quite strongly.
It is definitely in a pretty good position. But personally , I do n't want to trade in anything Iran-related right now. But if the situation calms down quickly, this could be a great opportunity to return to the energy sector.
So, I'll tell you about XOM. I give it a score of nine out of nine.
What this channel has said about $XOM
Christopher Uhl - OVTLYR has 2 calls on this stock; only the adjacent ones are shown.