How To Trade (IMO)
This report provides trading strategies for Imperial Oil Limited (TSX: IMO) while incorporating risk controls. Instructions: The rules that govern the data in this report are the rules of Technical Analysis. For example, if IMO is testing support, buy signals surface, and resistance is the target. Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly. In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too. Swing Trades, Day Trades, and Longer-term Trading Plans: This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long-Term Investing plans for IMO too. All of these are offered below the Summary Table.
Trading Plans (Long Term)
Buy near 93.02, target 101.00, stop loss @ 92.55
Short near 101.00, target 93.02, stop loss @ 101.51
Check the time stamp on this data. Updated AI-Generated Signals for Imperial Oil Limited (IMO:CA) available here.
IMO:CA Ratings for February 13:
| Term | Near | Mid | Long |
|---|---|---|---|
| Rating | Strong | Weak | Strong |
⚠ Triggers may have already come
Get Real Time Triggers Here.AI Generated Signals for IMO:CA
Chart for Imperial Oil Limited (IMO:CA)
