Looking at the shorter time-frame and we can feel some positive attitude:
After a steep decline Exxon entered in a trading range. It is nice to see line pointing north.
I do not plan to buy yet but after a breakout of the traging box, maybe I would try and look for a possible target in the 80 area.
This is not forecasting, it's just what I understand from these charts. Please let me know your thoughts.