Chart of the Day: Exxon Challenges Short Term Resistance


Exxon Mobil rallied in March and early April. Now, after a pullback, some traders may expect further upside.

The first pattern on today’s chart is the falling trendline along last month’s highs. The energy giant closed above it on Friday, which could be considered …

For more, please click here to view the related idea and chart analysis on TradingView.

Exxon Mobil (XOM), daily chart, with selected patterns and indicators, courtesy of TradingView.
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