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re: My Exxon stock just hit a new high?

Posted on 9/27/23 at 4:35 pm to
Posted by jimjackandjose
Member since Jun 2011
6512 posts
Posted on 9/27/23 at 4:35 pm to
Technical breakout at what level

It's been on a 5 wave pattern since bottom around 100.
Posted by BourbonDad
Somewhere on the vol surface
Member since Sep 2016
194 posts
Posted on 9/27/23 at 5:04 pm to
wtf is a "5 wave pattern"? See the flat line at 120? When we "break" above that it's call a breakout. If we don't continue then it's called a failed break out.

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Don't get me wrong, most "technical setups" are literally JUST that. A setup by the market makers to create liquidity.
This post was edited on 9/27/23 at 5:05 pm
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