The breakout of Exxon Mobil Corp. through the support line of a Channel Up could be a sign of the road ahead. If this breakout persists, we expect the price of Exxon Mobil Corp. to test 61.43 within the next 16 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
Related Posts
INTC hits 20.4100 after a run of 6 consecutive 4 hour candles spanning 6 days.
Due to the rate of consecutive bearish candles on INTC 4 hour chart we could be in for…
V is signaling a possible trend reversal on the intraday charts with price not breaching resistance.
Emerging Triangle pattern in its final wave was identified on the V 4 hour chart. After a strong…
If you’re short XOM you should be aware that 112.4750 has just been breached – a level tested 3 time in the past
XOM has broken through a resistance line. It has touched this line numerous times in the last 27…