Joe Rabil shows 4 reasons not to take the recent pullback trade in XOM on the daily chart. He uses the weekly chart to help. In addition, he shows what is taking place in MACD and ADX that help him avoid taking the loss.

Joe's book can be found at www.rabilstockresearch.com/book

Joe's Trend and Momentum Trading Course can be found at https://rabilstockresearch.com/services/

If you have an interest in learning one-on-one from Joe, email [email protected]. He will teach technical analysis in more detail or help with developing an investing/trading plan.

Joe Rabil is dedicated to providing unbiased analysis of stocks and markets. Helping investors use time-tested bottom-up technical analysis

The Technical Analysis that he teaches uses simple momentum indicators like the MACD and ADX to analyze and predict trends or trend changes using divergence and overbought/oversold readings. Joe is a recognized expert on Trend, Trend Momentum, and Multiple Time Frame Analysis. Here is a link to his book "Invest Like a Pro": https://www.amazon.com/Invest-Like-Pr...

Link for Discount on TC2000 Software and brokerage:
https://www.tc2000.com/?affCode=inves...

He displays the analysis in an easy to understand way, even for beginner stock trading.
The videos help with:
-Understanding how to use multiple time frame analysis
- Learning simple technical Analysis
- Effective chart patterns
-Tools for improving timing and reducing risk using multiple time frames
- Measuring trade targets
- Identifying good stops for trades
And most importantly trying to give the right mindset to trade efficiently.