Rachel Dashiell, CFP, CMT(@RachelDashCS ):$XOM the largest stock in the $Energy sector has been forming a possible complex head & shoulders pattern with neckline support ~$146 This formation has taken place as $XOM has weakened in momentum & relative strength vs both $Energy & $SPX benchmarks The ADX is reaching a trough, signaling that the market has been dormant & getting ready to trend... A measured move to the downside could place shares ~$24 lower after a confirmed break of support *Not a recommendation @SchwabNetwork @SchwabTrading

Rachel Dashiell, CFP, CMT

@RachelDashCS

Trader. Runner. Hiker. Chart lover. Market technician. Education coach @SchwabTrading & Contributor @SchwabNetwork Imp Disclosures:

Joined August 2025

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Rachel Dashiell, CFP, CMT@RachelDashCS

2026.05.14 15:04

$XOM the largest stock in the $Energy sector has been forming a possible complex head & shoulders pattern with neckline support ~$146 This formation has taken place as $XOM has weakened in momentum & relative strength vs both $Energy & $SPX benchmarks The ADX is reaching a trough, signaling that the market has been dormant & getting ready to trend... A measured move to the downside could place shares ~$24 lower after a confirmed break of support *Not a recommendation @SchwabNetwork @SchwabTrading