Monday, February 24, 2020 4:06 PM EDT
There is a technical stock chart alerts trigger on Exxon Mobil (XOM). This is based off the stock tagging major support at $56.50, a major pivot low from 2010 and 2008. Near-term, Exxon Mobil is also flashing oversold indicators but the long-term support is the game-changer. Based on these factors, Exxon is a swing trade buy and will likely bounce back above $62.00 in the next couple of weeks. This makes it a solid 10% swing bounce play for investors and swing traders who are looking for actionable technical stock chart alerts.
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