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Monday, January 10, 2011

Exxon Mobil Corp. (XOM) Stock Analysis 2011

By Tim - http://stockstobuy.org

The following is technical analysis on Exxon Mobil Corp. (XOM) stock for January 10, 2011

Exxon Mobil Corp. (XOM) Support & Resistance Levels - 1/10/11

Resistance Levels: $75.90, $77.50

Support Levels: $74.58, $74.14

http://stockcharts.com - Chart

Exxon Mobil Corp. (XOM) stock has been on fire as we enter the 2nd week of 2011 but is seeing a downgrade today. This Exxon Mobil Corp. (XOM) downgraded is not doing much to the stock so If XOM rallied above $76 we could see the stock run much higher. Exxon Mobil Corp is up around 40% since July 4th, 2010. If XOM ever pulled back below $70, the stock becomes a buy. Keep an eye on $75.90.

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