Either a rebound or a breakout imminent on Exxon Mobil Corp.
Exxon Mobil Corp. is heading towards the resistance line of a Rising Wedge. If this movement continues, we expect the price of Exxon Mobil Corp. to test 71.67 within the next 6 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
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