Stock Of The Day: Can Exxon Mobil's Selloff Reverse At Critical Support Zone?
Stock Of The Day: Can Exxon Mobil's Selloff Reverse At Critical Support Zone?
In Exxon Mobil's case, traders and investors sold their shares around $109.50 in June. When the stock rallied shortly after, some of these sellers regretted their decision and chose to buy back their shares at that same level, reinforcing it as a key area of support.Oil is making a big move lower, with some analysts attributing the decline to Israel's decision not to target Iranian oil facilities.
原油價格大幅下跌，一些分析師將這一跌勢歸因於以色列決定不針對伊朗的石油設施進行打擊。
As a result, most oil stocks are also trending lower. For Exxon Mobil Corporation (NYSE:XOM), if shares continue to slide, there's a strong likelihood of finding support around the critical $109.50 level—a key support area in both June and September. This is why it's our Stock of the Day.
因此，大多數石油股票也呈下降趨勢。對於埃克森美孚公司（紐交所：XOM）來說，如果股價繼續下滑，很可能在關鍵的109.50美元水平附近找到支撐位——這是6月和9月的關鍵支撐區域。這就是爲什麼它成爲我們的每日股票。
In financial markets, price levels that previously acted as support often do so again due to what's known as "seller's remorse."
在金融市場中，先前作爲支撐的價格水平往往會再次發揮作用，這歸因於所謂的「賣方悔恨」。
In Exxon Mobil's case, traders and investors sold their shares around $109.50 in June. When the stock rallied shortly after, some of these sellers regretted their decision and chose to buy back their shares at that same level, reinforcing it as a key area of support.
對於埃克森美孚而言，交易員和投資者在6月左右以109.50美元左右出售了他們的股票。股價稍有回升後，一些賣方後悔自己的決定，並選擇以相同水平回購股票，鞏固了它作爲一個重要的支撐區域。
But they would only do so if they could buy them at the same price they were sold for.
但只有在他們以同樣的價格買入時才會這樣做。
Read Also: Exxon Mobil's Golden Pass LNG Plant Gets 3-Year Extension Amid Contractor Challenges: Report
閱讀更多：埃克森美孚的Golden Pass液化天然氣工廠在承包商挑戰中獲得爲期3年的延期：報告
As a result, when the stock fell back to $109.50 in September, they placed buy orders. This large concentration of these orders resulted in support forming at the same price that had previously been support.
因此，當股價在9月回落至109.50美元時，他們下達了買單。這些訂單的大量集中導致支撐位形成在之前的支撐價位上。
If Exxon continues to decline, there is a good chance that it finds support once again at the same price for the same reason.
如果埃克森繼續下跌，很有可能會再次在相同價格找到支撐，原因也相同。
Stocks tend to reverse and rally after they reach a support level. This is also due to investor and trader psychology.
股票在觸及支撐位後往往會出現逆轉和反彈。這也是由投資者和交易者的心理所致。
Some of the people who created the support with their buy orders worry. They know that the sellers will go to whoever will pay the highest price for their shares.
一些通過買入訂單創造支撐的人擔心。他們知道賣方將賣給出價最高的人。
They become concerned that other buyers will outbid them. As a result, they increase the prices they are willing to pay. Other concerned buyers see this and do the same thing.
他們擔心其他買家會出價高過他們。因此，他們增加了願意支付的價格。其他擔心的買家看到這一情況後也效仿。
This can result in a bidding war that pushes the stock higher. It happened with Exxon in September, and there is a good chance that it will happen again.
這可能導致一場競價戰，推高股價。埃克森在九月份就發生過這種情況，很有可能會再次發生。
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Photo by JHVEPhoto via Shutterstock
照片由JHVEPhoto通過Shutterstock提供
譯文內容由第三人軟體翻譯。
