On this technical weblog, we’ll take a look at the previous efficiency of the 1-hour Elliott Wave Charts of Exxon Mobil Company ticker image: XOM. Wherein, the rally from 25 November 2025 low unfolded as an impulse construction. However confirmed a better excessive sequence favored extra upside extension to happen. Due to this fact, we suggested members to not promote the inventory & purchase the dips in 3, 7, or 11 swings on the blue field areas. We are going to clarify the construction & forecast under:
XOM 1-Hour Elliott Wave Chart From 1.08.2026
Right here’s the 1-hour Elliott wave chart from the 1.08.2026 Pre-Market replace. Wherein, the cycle from the 25 November 2025 low resulted in wave 1 at $128.57 excessive. Down from there, the inventory made a pullback in wave 2. The internals of that pullback unfolded as Elliott wave zigzag correction the place wave ((a)) ended at $122.39 low. Then a bounce to $126.20 excessive ended wave ((b)) & wave ((c)) managed to achieve the blue field space at $120.01- $116.18 equal legs space. From there, patrons have been anticipated to look on the lookout for the subsequent leg greater or for a 3 wave bounce minimal.
XOM Newest 1-Hour Elliott Wave Chart From 1.21.2026
That is the most recent 1-hour Elliott wave Chart from the 1.21.2026 Submit-Market replace. Wherein the XOM is displaying a really good response greater happening, proper after ending the zigzag correction throughout the blue field space. Allowed members to create a risk-free place shortly after taking the lengthy place on the blue field space. Since then the inventory made a brand new highs as soon as once more confirming the subsequent leg greater in the direction of $132.34- $141.28 goal space earlier than revenue taking & subsequent pullback takes place.
Supply: https://elliottwave-forecast.com/bluebox-wins/elliott-wave-action-xom-rockets-blue-box/