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Thursday, January 20, 2011

Exxon Mobil Corp. (XOM) Stock Analysis 1/20/11

By Tim - http://stockstobuy.org

The following is technical analysis on Exxon Mobil Corp. (XOM) stock for January 20, 2011

Exxon Mobil Corp. (XOM) Support & Resistance Levels - 1/20/11

Resistance Levels: $75.90, $77.50

Support Levels: $74.58, $74.14

http://stockcharts.com - Chart

Exxon Mobil Corp. (XOM) is down slightly today in pre market but has been on an amazing run. Exxon Mobil Corp. (XOM) was downgraded several weeks ago but the stock has done nothing but go up. Exxon Mobil Corp is up around 50% since July 4th, 2010. If XOM ever pulled back below $70, the stock becomes a buy. Keep an eye on $80 which is resistance.

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