XOM has broken through a resistance line. It has touched this line numerous times in the last 27 days. This breakout shows a potential move to 115.4105 within the next 2 days. Because we have seen it retrace from this level in the past, one should wait for confirmation of the breakout.
If you’re short XOM you should be aware that 112.4750 has just been breached – a level tested 3 time in the past
