Emerging Flag pattern in its final wave was identified on the XOM 1 hour chart. After a strong bullish run, we find XOM heading towards the upper triangle line with a possible resistance at 109.6438. If the resistance shows to hold, the Flag pattern suggests a rebound back towards current levels.
Related Posts
META is quickly approaching a very important level it has previously tested numerous times in the past
META is moving towards a key resistance level at 722.7450. META has previously tested this level 3 times…
Because AMZN formed a Rising Wedge pattern, we expect it to touch the resistance line. If it breaks through resistance it may move much higher
AMZN is trapped in a Rising Wedge formation, implying that a breakout is Imminent. This is a great…
GOOGL keeps moving closer towards 172.7550. Will it finally breach this level?
GOOGL is moving towards a support line. Because we have seen it retrace from this level in the…