XOM has broken through a line of 118.6100 and suggests a possible movement to 117.3360 within the next 6 hours. It has tested this line numerous times in the past, so one should wait for a confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.
After trying numerous times in the past, XOM finally breaks 118.6100!
