Exxon Mobil Corp. has broken through a support line of a Triangle and suggests a possible movement to 67.48 within the next 21 hours. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 10 days.
Related Posts
AAPL keeps moving closer towards 198.7000. Will it finally breach this level?
AAPL is approaching a support line at 198.7000. If it hits the support line, it may break through…
A possible move on TSLA as it heads towards resistance
TSLA is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great…
AMZN seems to be on its way to resistance – a possible opportunity?
AMZN is en route to a very important line that will be a definite deciding factor of what…