ajtj99's Market Pulse

[rimshot]

question for you, AJT ... from a trading friend to whom I forwarded your earlier XOM forecast a while ago..thank you for any answer you can provide.

Roughly 4 weeks ago you told me that AJ from I-Hub had projected XOM to make a bottom at approximately 63 ish.

With XOM closing at 67.90, it is getting near that neighborhood.

Considering how XOM has been acting for the past several weeks, it could reach AJ's projection this week.

Was AJ's projection for a slow bottoming process at the lows or a downward spike that would be reversed in fairly short order?