Exxon Mobil Corporation

$XOM | Exxon Heading Into Resistance Zone

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Hello Traders,

Exxon Mobile is in a large consolidation. My model suggests that a bullish move is active on the Daily Time Frame. However, TG 4 lines up with the ceiling of a Resistance Band that is suppressing price from moving any higher. This Resistance Band was identified on the more imposing Weekly Time Frame. Until then, enjoy profits into the $100 territory.

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