Exxon Mobil Corp, not immune to Oil Price Drop

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Chart above shows Head and Shoulder pattern with a descending neckline. Target price for XOM             is 71.39.

Keeping the dividend at current level might keep the Bulls happy for now, but the weight of falling oil             will eventually take XOM             lower.

After Earnings Feb. 02 you could buy 70 April Puts.
Good job. I see a bottom at 75/76.

Detailed Look
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