$100+ price target by September '22

3 Apr 2022

XOM

Classic 5 wave pattern forming beginning in about Nov. 2020

Oil and Natural Gas supply disruptions will keep pushing price levels higher if demand doesn't wane
+
Overall Inflation will continue to drive equities prices higher unless the Fed tightens at a faster rate than anticipated
+
The seasonal gas transition will likely compound price inflation during the summer months of 2022
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$100+ price target by September '22


Disclaimer:
I am not an investment professional and nothing on this page constitutes advice

8 Jun 2022

Catatan

June 2022 and we've broken well above $100 and are at $103.37.

Shall we revise this to $120 XOM by September '22?!!