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XOM is signaling a possible trend reversal on the intraday charts with price not breaching support.

XOM was identified at around 115.01 having recently rebounded of the support on the 15 Minutes data interval. Ultimately, the price action of the stock has formed a Rising Wedge pattern. This squeeze may increases the chances of a strong breakout. The projected movement will potentially take the price to around the 116.0000 level.

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