Realamh

XOM: "on the road again!"

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Realamh Uppdaterad   
NYSE:XOM   Exxon Mobil
XOM is bouncing off the yellow support line and is heading to its 52 weeks high before its earnings on April 31st. All indicators are in favor of this bullish movement. You see a double bottom on the chart, and RSI which is rising, and the MACD that is about to cross up. Don't forget to check out the stop loss and make sure to set it as soon as you placed your trade. Nothing is guaranteed in this giant casino!

Anyways, this is a ~2:1 risk ratio trade and has a high chance of successful execution.


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