The price increase in Crude Oil and energy stocks since March 2020 could be the fastest in history.
Exxon Mobile (XOM) within the prior 20 - months has risen at an angle of 77%.
The most dynamic phase of XOM's 2002 to 2008 bull move occured from July 2003 to March of 2005, the angle was only 67%.
The current powerful advance implies the bull market could continue for at least several months.
XOM is nearing its all-time high of 104.61. If it can move above this top its possible XOM could within one year reach 150.00.
Exxon Mobile (XOM) within the prior 20 - months has risen at an angle of 77%.
The most dynamic phase of XOM's 2002 to 2008 bull move occured from July 2003 to March of 2005, the angle was only 67%.
The current powerful advance implies the bull market could continue for at least several months.
XOM is nearing its all-time high of 104.61. If it can move above this top its possible XOM could within one year reach 150.00.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.