Exxon Mobil is no longer down-trending.
Yesterday, it broke out with a high volume and tested back.
You can also spot a "Regular Divergence" on the MACD indicator, which indicates a trend reversal.
It was also oversold on RSI.
My first price target: 47,25, the second one is 49,47
Set a stop loss around 42,22 in case of dipping more.
Yesterday, it broke out with a high volume and tested back.
You can also spot a "Regular Divergence" on the MACD indicator, which indicates a trend reversal.
It was also oversold on RSI.
My first price target: 47,25, the second one is 49,47
Set a stop loss around 42,22 in case of dipping more.
