MarthaStokesCMT-TechniTrader

XOM: Consolidating as oil prices rise, watch for pro traders

NYSE:XOM   Exxon Mobil
XOM is in a consolidation as oil commodity prices are rising. This offers incentives for pro traders to enter ahead of any HFT activity. The bottom has some buybacks in the candlestick structure as well. The goal is to generate speculation among the retail crowd.


Martha Stokes, CMT
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