infinityPLEX

LONG: EXXON MOBIL CORP. (Petroleum, Oil, Gas)

NYSE:XOM   Exxon Mobil
• Ref. the effects of COVID-19 and the OPEC (& Russian) trade disputes fuling the fall of Oil prices.
• The FIA halting all motorsport events until JUL 2020 (Austrian Grand Prix).
• EXXON MOBIL have a sponsorship deal with Aston Martin Red Bull Racing (Formula1 team)
~ Aston Martin Lagonda Global Holdings plc. IPO in Feb 2019
• After the effects covid start to leave the spotlight, we may see the price of petroleum rise and companies such as XOM begin to operate at higher capacities.

LONG TERM TRADE -- Optimum target: ~ March/April 2021
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