$XOM is trading at 167.48, down 0.10%. The price is showing a slight pullback, with the 167.00 area worth watching for signs of support.
If buyers defend this zone and price moves above 168.50, a recovery toward 170.00 and 172.00 may become possible. A break below 166.00 would weaken the setup and suggest sellers are gaining control. I’m waiting for price action to provide a clearer direction.
Trade Setup:
Entry Zone: 167.00–167.60
Take Profit 1: 169.00
Take Profit 2: 171.00
Stop Loss: 165.80
Confirmation comes first; disciplined risk management matters more than a rushed entry.
If buyers defend this zone and price moves above 168.50, a recovery toward 170.00 and 172.00 may become possible. A break below 166.00 would weaken the setup and suggest sellers are gaining control. I’m waiting for price action to provide a clearer direction.
Trade Setup:
Entry Zone: 167.00–167.60
Take Profit 1: 169.00
Take Profit 2: 171.00
Stop Loss: 165.80
Confirmation comes first; disciplined risk management matters more than a rushed entry.