Weekly Wiretap Pick Of The Week XOM

MAX Trade Potential: 100%

My Trade Plan Details:

XOM Sept 12 $110 Calls around $2.50 to $2.80

Stop: XOM closes below $108

• Target 1: $114s
  
• Target 2: $115s
• Target 3: $117s
  

My Reasoning:

Here are 5 reasons why I like XOM calls right now,

1. Analyst Upgrades Suggest Significant Upside

2. Growth Projects Fueling Future Earnings Potential

3. Institutional Investors Taking Large Positions

4. Mixed–but Potentially Favorable technical Signals

5. Sector & Market Tailwinds