Exxon Mobil Corp. has broken through a support line of a Rising Wedge chart pattern. If this breakout holds true, we may see the price of Exxon Mobil Corp. testing 62.60 within the next 2 days. But don’t be so quick to trade, it has tested this line in the past, so you should confirm the breakout before taking any action.
Related Posts
Important resistance line being approached by V. This price has been tested numerous time in the last 11 days
Emerging Triangle detected on V – the pattern is an emerging one and has not yet broken through…
ADBE seems to be on its way to support – a possible opportunity?
The price of ADBE in heading back to the support area. It is possible that it will struggle…
A Channel Up has formed, MRNA is approaching support. Can we expect a breakout and the start of a new trend or a reversal?
MRNA is trapped in a Channel Up formation, implying that a breakout is Imminent. This is a great…