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HWby u/hugo.weber·1dAnalysis

Thoughts on $XOP's next leg up

Watching $XOP closely after today's push to 175.93. With energy remaining bid, I'd give it about a 60% probability of touching 180 before month-end, assuming no major geopolitical shocks. The momentum is clearly there, but a sustained run past 185 might require a more significant catalyst, potentially tightening supply narratives that haven't fully played out yet. It's a tricky read, but the path of least resistance still seems upward in the short term.

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