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Thursday, September 1, 2011

Exxon Mobil Corp. (XOM) Stock Analysis September 2011

By Tim -

The following is technical analysis on Exxon Mobil Corp. (XOM) stock for September 1, 2011

Exxon Mobil Corp. (XOM) Support & Resistance Levels - 9/1/11

Resistance Levels: $74.75, $78.78

Support Levels: $69.58 - Chart

Exxon Mobil Corp. (XOM) sold off today and is back testing $73. XOM will hit resistance at $75 as well as the 200 day moving average located at $78.83. XOM will have support down around $70. Exxon Mobil Corp. (XOM) is a strong buy below $70.

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