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Tuesday, August 30, 2011

Exxon Mobil Corp. (XOM) Technical Analysis

By Tim - http://stockstobuy.org

The following is technical analysis on Exxon Mobil Corp. (XOM) stock for August 31, 2011

Exxon Mobil Corp. (XOM) Support & Resistance Levels - 8/31/11

Resistance Levels: $74.75, $78.78

Support Levels: $69.58

http://stockcharts.com - Chart

Exxon Mobil Corp. (XOM) continues to recover off the recent lows. XOM will hit resistance at $74.75 as well as the 200 day moving average located at $78.78. XOM will have support down around $70. Exxon Mobil Corp. (XOM) is a strong buy below $70.

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