By Tim - http://stockstobuy.org
The following is technical analysis on Exxon Mobil Corp. (XOM) stock for February 23, 2011
Exxon Mobil Corp. (XOM) Support & Resistance Levels - 2/23/11
Resistance Levels: $90
Support Levels: $84.15, $78
http://stockcharts.com - Chart
Exxon Mobil Corp. (XOM) is breaking out to a new 52 week high today as oil soars near $100. Exxon Mobil Corp. (XOM) is currently bouncing of It's 10 day moving average (currently $84.15) which is very bullish. Exxon Mobil Corp will now have resistance located at $90 XOM will now have major support around $78 which is the 50 day moving average. The XTO Energy aquisition is really starting to shine!
Exxon Mobil Corp. (XOM) Support & Resistance Levels - 2/23/11
Resistance Levels: $90
Support Levels: $84.15, $78
http://stockcharts.com - Chart
Exxon Mobil Corp. (XOM) is breaking out to a new 52 week high today as oil soars near $100. Exxon Mobil Corp. (XOM) is currently bouncing of It's 10 day moving average (currently $84.15) which is very bullish. Exxon Mobil Corp will now have resistance located at $90 XOM will now have major support around $78 which is the 50 day moving average. The XTO Energy aquisition is really starting to shine!
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