September 19, 2010

EXXON MOBIL Corp Triangle in daily chart

DAILY CHART
DAILY CHART
  • Exxon Mobil Corp has a triangle in its daily chart.
  • Stock is trading near the upper trend line of the triangle.
  • Stock is trading in a small range within the triangle. Breaking of 61.6 means breaking out of the triangle. If the stock breaks the support at 60.37 price will slide to the lower end of the triangle.

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