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!
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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