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Breach of resistance could mean a start of a bullish trend on Exxon Mobil Corp.

Exxon Mobil Corp. has broken through a resistance line of a Triangle chart pattern. If this breakout holds true, we expect the price of Exxon Mobil Corp. to test 76.18 within the next 23 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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NAS100 is approaching a support line of a Triangle. It has touched this line numerous times in the last 8 days.

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