The breakout of Exxon Mobil Corp. through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we expect the price of Exxon Mobil Corp. to test 42.65 within the next 18 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
BIDU has formed 5 bearish candles successively, what is the probability of getting another bearish candle?
BIDU has experienced an unusual quantity of bearish candles on the 4 hour timeframe. This is in the…
PFE is quickly approaching a very important level it has previously tested numerous times in the past
PFE is moving towards a key support level at 23.0550. PFE has previously tested this level 4 times…
A Rising Wedge has formed, NVDA is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
A Rising Wedge pattern was identified on NVDA at 145.61, creating an expectation that it may move to…