XOM: Weekly uptrend active, potentially explosive

I'm long $CVX and $XOM as well as oil futures here. I like how this setup looks, so I'm looking to add to longs today, ideally if we break the previous high. Weekly trend is already up, and it's likely that we see a really explosive rally out of this juncture, so try not to miss the run!

Best of luck,

Ivan Labrie.

Kommentar:

Looks good, if we break up again next week it will surge. Time is close to end for the weekly, but monthly/quarterly show potential upside even after this time expires, maybe after a weekly consolidation.