Options Oracle: 08/23/13


All of the technical signals are telling us to buy XOM right now. We have a hammer pattern at the end of a down leg, there are four consecutive red candles in a row that tell us there’s a high probability of a green candle on the horizon (stale red light), and we are at a key role reversal support level that dates back to 2011. Our strategy is to buy the January leaps and hold them until our price target is reached.

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About AJ Monte

As a premier trading consultant, AJ is one of the most sought after in his field. He teaches professionals specialized techniques on how to accumulate and protect wealth through innovative market techniques. TheMarke__404+

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