Exxon Mobil: Expected To Test Its Resistance Level At Around $80-90
Today’s instrument is Exxon Mobil traded on NYSE Exchange under the ticker XOM.
When we look at the XOM’s chart, we can see that after testing its support at around $81.30, it is traded at around $86. Today if the upward reaction continues, it could test its resistance level at around $89-90 and if it will be able to pass it, then it should rise towards its next resistance level at around $97.80.
(Click on image to enlarge)
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