The oil prices CL1! are looking like
they are going to rise.
Why?
Am really not sure about why
but one thing for sure is the
price hike is coming
The oil price affects this stock
which is one of the stocks on
my watch list
Because of my change of trading
I have developed a permanent watchlist
Again you need to understand
that am not day-trading these stocks
forex or crypto
am looking at these trades like
investment opportunities.
Yes you may get discouraged but
don't give up
On building your watchlist
which is a very important step
to a successful trading career
Also notice that this
price action follows the rocket booster
strategy
The rocket booster strategy
has 3 steps:
#1-The price has to be above the 50 EMA
#2-The price has to be above the 200 EMA
#3-The price has to be in an uptrend.
This is what you are seeing here on
this chart of XOM
Remember to learn more rocket boost
this content
Disclaimer: Trading is risky please learn
risk management and profit-taking
strategies.
-
XOM Stock: Using The Rocket Booster Strategy In 3 Steps by lubosi on TradingView.com
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