XOP - proceed with caution and wait until weekly trend line
Pullback
Status: Watching. Looking for break of neckline and scum blade to weekly rising trend line, while AO continues to show divergence. Maybe, this a revenge trade idea because my short order around 77 wasn't filled.
Cost basis:
Stop:
First price target:
Technicals:
Horizontal S&R: yes
Channel S&R: yes
MA S&R: yes
Pearson's R >= 85: yes
Price within Fib Ret..62: yes
Stochastic turn/crossover above 80%: early
AO pullback >0<1.38: so far ok, but still early
Fundamentals:
Next Earnings date: ETF
IBD EPS Rating:
IBD SMR Rating:
13F shares % change: -13%, funds are dumping.
competitors:
Status: Watching. Looking for break of neckline and scum blade to weekly rising trend line, while AO continues to show divergence. Maybe, this a revenge trade idea because my short order around 77 wasn't filled.
Cost basis:
Stop:
First price target:
Technicals:
Horizontal S&R: yes
Channel S&R: yes
MA S&R: yes
Pearson's R >= 85: yes
Price within Fib Ret..62: yes
Stochastic turn/crossover above 80%: early
AO pullback >0<1.38: so far ok, but still early
Fundamentals:
Next Earnings date: ETF
IBD EPS Rating:
IBD SMR Rating:
13F shares % change: -13%, funds are dumping.
competitors:
