Two Charts to Trade – $COST and $XOM

$COST has an RSI of over 84 and been above 70 for nearly 6 weeks… may be putting in a top today. Possible Topping Tail on the daily chart. In terms of a correction, a pull back to $390 is likely over the next few months. I am short in the Verified Investing Alerts. Note the chart below…

Untriggered head and shoulder pattern on $XOM, could tell of further downside in oil. If it triggers, Exxon has downside to $45.00. Note the chart and get the detailed swing trade on it here…

Gareth Soloway

https://www.inthemoneystocks.com