$XOM $BP = Mid Term Forecast = 19.06.2022 #oil #energy #commodities $WTI $Oil #XOM #BP @markets @CNBC @wsjmarkets

$BP seems to have completed my favorite structure – an Ending Diagonal. Target area for retrace: $19-14 or 45-60% off the recent top. Note that falling to $9 would not be a huge surprise given the current wave structure in blue.

Having this and the most recent developments in #oil in mind, one might be interested in the perspectives for $XOM.

Oil Weekly Analysis:
https://investingangles.com/2022/06/18/oil-weekly-analysis-perfect-top-18-06-2022-wti-energy-markets-seekingalpha-wsjmarkets-commodities-usoil-cl1/

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