View: content.screencast.com/use...e/XOM2415.jpg
content.screencast.com/use...e/XOM2415.jpg
Here's what my XOM chart looks like. Whichever of the two trendlines breaks should yield a nice move. I would lean toward shorting Exxon here, expecting the bottom line to break, with a stop at the top trendline.
We are far from finished on the earnings hit lower oil prices will bring to energy stocks. 2/4/15