XOM short term fake out to bear trend
This chart depicts my short term $108-$110 retest to complete the diamond pattern and followed by an eventual test and break of the .236 fibonacci level.
Intermediate term target is .382 Fib level after that with a bounce in the coming year to the prior Fib level of .236 (around $98). Long term target before a buy again is around $63-$65 .618 Fibonacci Level
Intermediate term target is .382 Fib level after that with a bounce in the coming year to the prior Fib level of .236 (around $98). Long term target before a buy again is around $63-$65 .618 Fibonacci Level
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