Exxon Mobil Corp. is quickly approaching 70.27. We expect either a breakout through this line, or a rebound.

Exxon Mobil Corp. is heading towards a line of 70.27. If this movement continues, we expect the price of Exxon Mobil Corp. to test 70.27 within the next 12 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.