Market Blog Technical Analysis

Antonio’s Perspective: Exxon Mobil Corporation is consolidating after failing to Breakout Higher

Shares of Exxon Mobil Corporation (NYSE:XOM) continue to consolidate above its major exponential moving averages, after failing to breakout above the critical resistance at 88.59 on Thursday. This key level is proving to be a strong resistance zone since September. A strong trend would not be in place unless the (more…)
Market Blog

Bullish sentiments for Amazon and Exxon Mobil

AMZN – Amazon.com Inc is an e-commerce company, engaged in the sales of variety of products and services online. AMZN – Amazon.com Inc Fundamentals Previously closed at 602.00 Day's high 669.92 Day's low 658.00 P/E ratio 527.20 EPS 1.25   Analyst opinion Amazon reported its Q1 earnings yesterday after market close, and it crushed all estimates to announce an EPS of $1.07 and a revenue of $29.1Billion, up 28% from