By Tim - http://stockstobuy.org
The following is technical analysis on Exxon Mobil Corp. (XOM) stock for August 7, 2011
Exxon Mobil Corp. (XOM) Support & Resistance Levels - 8/7/11
Resistance Levels: $78.88
Support Levels: $71.52, $67.94
http://stockcharts.com - Chart
Exxon Mobil Corp. (XOM) stock has been slammed in August 2011 due to lower oil prices and a weak stock market. Exxon Mobil Corp. (XOM) should find some nice support located at $71.52 but if things get out of hand, look to load the XOM boat under $70. XOM will hit resistance up at the 200 day moving average just below $79.
Exxon Mobil Corp. (XOM) Support & Resistance Levels - 8/7/11
Resistance Levels: $78.88
Support Levels: $71.52, $67.94
http://stockcharts.com - Chart
Exxon Mobil Corp. (XOM) stock has been slammed in August 2011 due to lower oil prices and a weak stock market. Exxon Mobil Corp. (XOM) should find some nice support located at $71.52 but if things get out of hand, look to load the XOM boat under $70. XOM will hit resistance up at the 200 day moving average just below $79.
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