XOM Bullish Reversal : Targeting 109-110
Exxon Mobil (XOM) is holding steady around the $106-$107 support level, with strong trading activity in this range suggesting it could be building momentum for a move toward the $109-$110 resistance zone. The high volume at these levels shows solid interest, which could support an upward breakout if buyers step in. However, if it fails to break above $109-$110, there’s a risk it could drop back to test support. Overall, the current setup looks promising for a push higher, as long as the right conditions align.
Goal:109 2.67% short term
Goal:109 2.67% short term
Trade closed: target reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.