XOM $104.54 -1.83% @ Close! $4.9B offer to buy Denbury
0
82 coming soon..
13
86 coming soon.
16
US may benefit from Saudi’s Production cuts. Along with Saudi OPEC+ may also cuts the production to curtail shorts by decreasing base Quantity. Their target might be $90 to $92. With less production
1
Target 69.55
8
Short 5 @ 70.26
4
wrong chat. don't forget stop loss and target so when you find the right chat, they can assess risk/reward in your trade. Good fortune!
0
Haha! Thanks! Yes after posting I realized where I was. Hope you're doing well in this casino :)
1
I mentioned the opportunity to short XOM in yesterday's live broadcast. On one hand, XOM's own trend is very weak, and on the other hand, the price of oil is continuously falling, further suppressing it from the fundamental perspective. Today's strategy is to go short on the rise. A suitable entry position is around 104.6, with a stop loss at 105.7, and a profit target at 102.