Exxon has more to give? We look to Buy at 81.80 (stop at 79.22)
Short Term - We look to Buy at 81.80 (stop at 79.22)
Preferred trade is to buy on dips. The medium term bias remains bullish . Trading has been mixed and volatile. We are assessed to be in a corrective mode lower.
Our profit targets will be 87.06 and 89.10
Resistance: 90.00 / 100.00 / 110.00
Support: 82.00 / 75.00 / 70.00
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Quarterly Outlook Q2 2022
Quarterly Outlook Q2 2022: The End Game has arrived
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The great EUR recovery and the difficulty of trading itIf the terrible fog of war hopefully lifts soon, the conditions are promising for the euro to reprice significantly higher.
Tight commodity markets – turbocharged by war and sanctionsWith supply already tight, commodities keep powering on. But will it last for yet another quarter?
Between a rock and a hard placeGeopolitical concerns will add upward price pressures and fears of slower growth, while volatility will remain elevated.
The Great ErosionInflation is everywhere and central banks try to combat it. But will they get it under control in time?
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Cybersecurity – the rush to catch up with realityWith the invasion of Ukraine, governments and private companies are rushing to reinforce their cyber defenses.