EZ_money
OP
Jensen 108
:
hard to say. dollar going up is helping oil drop off as well, long term charts looking great short term not so hot, but news can push it up or down at any given moment. i don't expect the dollar to continue being so strong that will have a positive impact on oil prices and stocks once it falls back
$Occidental Petroleum (OXY.US)$i guess lots of people thought on the 26 of September was the beginning of a up thread i wanted to buy some too but i change my mind to wait
$Exxon Mobil (XOM.US)$ Exxon is finding new support, and the news suggests consolidation at this price point. ($120-$121) Possible cup and handle formation on the horizon. The pattern should be near complete within a weeks time frame. That is 7 market days from now. However, a larger formation remains to be seen in charts wider than 1M, but macro-sentiment is positive, and it is an election year. Elections can affect market certainty, and more ...
SEE U AT 52.08
$Crude Oil Futures(DEC4) (CLmain.US)$
$Chevron (CVX.US)$
$Shell (SHEL.US)$
Exxon is finding new support, and the news suggests consolidation at this price point. ($120-$121)
Possible cup and handle formation on the horizon. The pattern should be near complete within a weeks time frame. That is 7 market days from now.
However, a larger formation remains to be seen in charts wider than 1M, but macro-sentiment is positive, and it is an election year. Elections can affect market certainty, and more ...
😏
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