The Hormuz Premium $XOM Knocking on Its 52-Week HighExxon Mobil CorporationBATS:XOMConnectmyCurrencyXOM is trading at $152.50 on the daily chart, sitting just below the 52-week high of $156.93. With the Iran-US conflict escalating and Strait of Hormuz shipping at risk, I've mapped out two high-probability buy zones with exceptional risk/reward setups. 🟢 Buy Zone 1 Current Level ($152.50) Price is consolidating just under the 52-week high. A breakout above $156.93 with volume confirms the trade. Stop: $2.58 below entry (1.705%) Target 1: +18.648% ($179.07 area) Target 2: +27.716% (full extension) Risk/Reward Ratio: 10.94 Position: 19,379 qty / $450,000 🟢 Buy Zone 2 Pullback Entry ($140 area) If price rejects the 52-week high and pulls back, this lower demand zone offers an even better R/R setup. Stop: $2.58 below entry (1.840%) Target 1: +18.648% Target 2: +27.716% ($179.07) Risk/Reward Ratio: 15.06 Position: 19,379 qty / $450,000 Key Levels: 🔑 52-Week High Resistance: $156.93 🔑 Support / Buy Zone 2: $140.21 🔑 Hard Stop: $137.63 🎯 Primary Target: $179.07 The war premium is real, but the chart is giving two clean entries depending on how Monday opens. The lower buy zone at $140 actually offers a better R/R at 15.06 if patient. Don't chase the open let price come to your levels.