cjo03 said:
Farmer @ Johnsongrass, TX said:
Farmer @ Johnsongrass, TX said:
I'm not watching all O&G, but the one's I'm watching are green, except for XOM. I've been preaching XOM manipulation along with WTI & Brent. Okay, if you don't buy off on conspiracy or manipulation, just consider it luck that everyone else is buying all other O&G's and totally missing XOM....a real diamond in the rough...a hidden gem... You might consider buying.
From 5 days ago.
I hope somebody jumped on this.
Paging Benelli M4 Single Shot, brother I hope you hung on to PXD.
what is your current XOM target this round? you've been nails over the past year.
When I wrote that original post 5 days ago, March 16th, it was $108 as a target but I didn't type it.
HOWEVER,...XOM 65 Day Moving Average Volume was 16 million
On Friday, March 17th, the Regular Session Volume was 43.2 million (there was a 21 million share volume adjustment 8 minutes after the closing bell). The After Hours session ended with 5.95 million volume.
Yesterday, March 20, the Regular Session Volume was 32 million with After Hours session at just under 2 million.
All this took place in an upward price moving market. - Bullish - Frankly, I don't know what the hell took place but it's bullish. Somebody got Long and someone exited.
For this week, I'm keeping $108 as the conservative target and potential to move to $110/$112. We are getting close to month end and may see some setback (maybe) at month end.
Between today and month end,...if API numbers today and EIA numbers tomorrow, both show significant draws, that high end of my range is very doable. We should see significant draws in both sets of numbers.
Hope this helps.