Image Source: PexelsExxon Mobil Inc., Elliott Wave Technical AnalysisExxon Mobil Inc., (XOM): 4h Chart 9 January 24XOM Stock Market Analysis: As we are trading around a Major level of $ 100- we need to be mindful, that there is a possibility we have five waves off the bottom in a leading diagonal and we could now be correcting in wave {ii}. XOM Elliott Wave Count: Wave {ii} of 1. XOM Technical Indicators: Below all averages.XOM Trading Strategy: Looking for longs after a Trading Level Pattern on 100$ and a break of (b).TradingLounge Analyst: Alessio BarrettaSource : Tradinglounge.comExxon Mobil Inc., XOM: 1-hour Chart 4 January 24Exxon Mobil Inc., Elliott Wave Technical Analysis XOM Stock Market Analysis: Looking for a potential bottom in place in wave (c) knowing we could still continue lower as we seem to be missing a fifth wave. Looking for a break of (b) before considering longs. XOM Elliott Wave count: Wave (i) of {i}. XOM Technical Indicators: Below all averages.XOM Trading Strategy: Looking for longs after a Trading Level Pattern on 100$ and a break of (b).
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