Tag: $XOM

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

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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 last year. Revenue from AWS, its cloud storage services is up 64% and it accounted for 56% of the company’s profits this quarter. In the global market Tablet sales is down, but Amazon managed to ship 2.2 million tablets in Q1, which is more than 5400% rise! Analysts. Credit Suisse raised its price target for Amazon to $880.
Sentiments Due to Amazon’s amazing revenue reports, the shares were up 9% pre-market.
Social Media Pulse The stock has 22% lower social chatter than usual.

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