The breakout of XOM through the 112.1000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, XOM could test 114.7195 within the next 2 days. One should always be cautious before placing a trade, wait for confirmation of the breakout.
After testing 112.1000 numerous times, XOM has finally broken through. Can we expect a bullish trend to follow?
