Like all energy related stocks, XOM is quite extended. This bounce may be a chance to short it. The stop can be placed somewhere above the SMA5.
Monthly Archives: March 2005
LU
LU is approaching to the previous low. Let’s see if it could become the support after this long decline.
LU
LU is approaching to the previous low. Let’s see if it could become the support after this long decline.
QQQQ moving lower
QQQQ is moving to the lower bound in the range. I will be a buyer at 36.8.
QQQQ moving lower
QQQQ is moving to the lower bound in the range. I will be a buyer at 36.8.