Exxon Mobil Corp. is heading towards a price line of 41.18 and could reach this point within the next 12 hours. It has tested this line numerous times in the past, and this time could be no different from the past, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current lines.
Related Posts
Is the META poised for a turn-around after 4 consecutive bearish 4 hour candles?
Due to the rate of consecutive bearish candles on META 4 hour chart we could be in for…
NFLX – approaching a price line that has been previously tested numerous times in the past
NFLX is moving towards a support line. Because we have seen it retrace from this level in the…
Because TSLA formed a Triangle pattern, we expect it to touch the support line. If it breaks through support it may move much lower
TSLA is moving towards a support line. Because we have seen it retrace from this line before, we…