Exxon Mobil Corp. (XOM) Stock Analysis 2/24/11

By Tim - http://stockstobuy.org

The following is technical analysis on Exxon Mobil Corp. (XOM) stock for February 24, 2011

Exxon Mobil Corp. (XOM) Support & Resistance Levels - 2/24/11

Resistance Levels: $87.53, $90

Support Levels: $84.44, $78.11

http://stockcharts.com - Chart

Exxon Mobil Corp. (XOM) hit $87.53 this morning and then dropped as oil came off the highs. Exxon Mobil Corp. (XOM) is currently bouncing of It's 10 day moving average (currently $84.44) which is very bullish. Exxon Mobil Corp will now have resistance located at $87.53 which was today's high. XOM will now have major support at $84.44 as well as $78.11 which is the 50 day moving average. The XTO Energy aquisition is really starting to shine!

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