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Breach of support could mean a start of a bearish trend on Exxon Mobil Corp.

Exxon Mobil Corp. has broken through a support line of a Rectangle chart pattern. If this breakout holds true, we expect the price of Exxon Mobil Corp. to test 38.58 within the next 7 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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