TraderSchizz

XOM breakout on the daily for a possible long position

Long
NYSE:XOM   Exxon Mobil
XOM breaking out of a trendline from late July. It has cleared the 50, 100, and 200 SMA Higher lows on the Daily also suggest a possible reversal. If there is a pullback towards the trendline it will allow a decent risk/reward on a long entry.

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