Two Charts To Trade…

COST has an RSI of over 84 and has been above 70 for nearly 6 weeks… may be putting in a top today. Possible Topping Tail on the daily chart. In terms of a correction, a pull back to $390 is likely over the next few months. Note the chart below…

(Click on image to enlarge)

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Untriggered head and shoulder pattern on XOM could tell of further downside in oil. If it triggers, Exxon has downside to $45.00. Note the chart...

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Disclaimer: All comments made by InTheMoneyStocks, LLC and its subsidiaries, instructors, and representatives are for educational and informational purposes only and should not be construed as ...

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