Commodities Energy

Exxon Mobil (NYSE:XOM) : Weekly resistance at $68

Exxon Mobil (NYSE:XOM) is expected to report earnings next week on  Oct 28.

It is now trading very near to resistance on the Ichimoku Daily Chart.


Duke Energy Corporation (NYSE:DUK) : Chikou Span Support Broken

Duke Energy has broken its Chikou Span support last Friday at around $16.15

Perhaps, what’s holding it together is the psychological support at $16.00

Let’s give it 1hr from the opening to see how high it can go.


WellPoint, Inc. (NYSE:WLP) : Bouncing off Chikou Span Support

After falling almost a week, WLP seems poised to rebound.

A hammer is sighted as it bounced off the support level identified by the Chikou Span.

Could be a swing trade idea.