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realchartchamp
Jan 16, 2024 8:03 PM

$XOM At Risk of Losing Support at Yellow Support Zone 

Exxon Mobil CorporationNYSE

Description

XOM is at risk of losing support here. There was hope in OIL prices spiking due to the Red Sea crisis, which is affecting shipments of oil tankers. In terms of price action, XOM is at risk of losing support at this yellow support zone. I think we could get some tricky price action with a dip below and a bullish rebound.
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