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[QUOTE="Antony_NPBFX, post: 214980, member: 38727"] [size=5][b]Exxon Mobil Corp.: technical analysis 16.11.2022 [/b][/size] Good afternoon, dear forum visitors! [url=http://www.npbfx.com/?utm_campaign=company&utm_medium=forumpost&utm_source=earnforex.com] NPBFX[/url] offers the latest release of analytics on Exxon Mobil Corp. for a better understanding of the current market situation and more efficient trading. The shares of ExxonMobil Corp., a US oil company, are rising within an uptrend, trading near 114.00. A global uptrend is forming on the daily chart, which is a consequence of implementing the global Triangle pattern with an upper border around 96.00. On the four-hour chart, it is clear that the current growth has high prospects for continuation since the main target for the pattern around 120.00 has not yet been worked out. Given the structure of the current wave, it is obvious that after a local correction to 108.00, the quotes reversed and formed a new upward impulse. Technical indicators strengthen the buy signal: fast EMAs on the Alligator indicator expand the range of fluctuations, and the AO oscillator histogram forms bars in the buy zone. [img]https://i.ibb.co/cynFFy7/XOM161122-22.png[/img] [b]Trading tips[/b] Long positions may be opened after the price rises and consolidates above 115.00 with the target at 120.00. Stop loss – 112.00. Implementation period: 7 days or more. Short positions may be opened after a reversal, reduction, and consolidation of the price below 108.80 with the target at 102.00. Stop loss – 101.00. [b]Use more opportunities of the NPBFX analytical portal: analytics[/b] You can find more actual analytical reviews on other popular currency pairs, metals and CFDs on the NPBFX online portal. Daily analytics with charts, current market prognoses and trading scenarios in the Feed section are available. Get free and unlimited access to the online portal after registering on the official website of NPBFX Company. If you have any questions about trading instruments, you can always ask an analyst in the online chat on the portal and get a free consultation of an experienced specialist. Use the current recommendations of analysts on Exxon Mobil Corp. and trade efficiently with [url=https://my.npbfx.com/register/?utm_campaign=register&utm_medium=forumpost&utm_source=earnforex.com]NPBFX[/url]. [/QUOTE]
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