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