Regarding the trend, note that the strongest trend exists on the 100 hour timeframe.
The price move occurred on volume that was down 12.37% from the day prior, but up 19.58% from the same day the week before.
The change in price came along side change in volume that was down 13.51% from previous day, but up 18.03% from the tuesday of last week.
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Given that we see an uptrend on the 10 and 5 hourly candle timeframe, and that such candlestick patterns often denote reversals, this may be worth noting.
Price action traders in particular will want to note that the 14 day period appears to show price forming a base; this could indicate that a support/resistance level is developing.
The price move occurred on stronger volume; specifically, yesterday’s volume was up 21.04% from the day prior, and up 55.82% from the same day the week before.
This is a reversal of the price action on the previous hour, in which price moved up.
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It’s been a feast for bears operating on an hourly timeframe, as xom has now gone down 4 of the past 5 hours.