Exxon Mobil, sell signal at week 12
Exxon Mobil: the decline slows between two nearby walls
Exxon Mobil, sell signal at week 12
In Summary
Week 12 of the sell signal on Exxon Mobil, and the week closed essentially flat instead of extending the decline. Sell volume stays in the majority, but technical momentum has recovered ground versus a month ago. The stock remains squeezed between a nearby support and resistance, with earnings due in three-four weeks, on July 24.
IQS Phase
78
in tension
Signal Strength
2
decline losing steam
Sizing
MINIMUM
Ranking
#37 / 137
US stocks
Trade P&L %
+6.38%
from signal to today
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