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Thursday, February 3, 2011

Exxon Mobil Corp. (XOM) Stock Analysis 2/3/11

By Tim - http://stockstobuy.org

The following is technical analysis on Exxon Mobil Corp. (XOM) stock for February 3, 2011

Exxon Mobil Corp. (XOM) Support & Resistance Levels - 2/3/11

Resistance Levels: $84 - $85

Support Levels: $80.05

http://stockcharts.com - Chart

Exxon Mobil Corp. (XOM) failed at $84 on Wednesday and now appears as though it may retrace. Exxon Mobil Corp. (XOM) is currently bouncing of It's 10 day moving average (currently $80.05) which is very bullish. Exxon Mobil Corp will now have resistance located between $84-$85. XOM will now have major support around $78. The XTO Energy aquisition is really starting to shine!

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