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Invest with Sarge wrote a post · Mar 19 09:31

Energy is Hot

ExxonMobil $Exxon Mobil(XOM.US)$ is now developing a second consecutive (maybe third) cup pattern without having formed a handle. Right now, the pivot would be the apex of the left side of the cup ($118)
Energy is Hot
Should a handle form, the pivot will move to the apex of the right side of the cup. I am long (I own shares of) XOM.
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    Invest with Sarge
    NYSE floor trader for over 30 years. Day trader, long-term investor, and anything in between.
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