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Thursday, 03/08/2012 10:29:21 AM

Thursday, March 08, 2012 10:29:21 AM

Post# of 784
Has Exxon Mobil Run Out Of Gas?



This morning, Exxon Mobil Corp (NYSE:XOM) is trading lower by 0.89 cents to $84.93 a share. This leading stock is not participating in the early morning stock rally. XOM stock is the second largest stock by market capitalization behind Apple Inc (NASDAQ:AAPL). In other words, XOM stock can move markets as it is a major part of the Dow Jones Industrial Average. Short term traders can watch for intra-day support around the the $84.75, and $84.00 levels. The daily chart will have near term support around the $83.75 area. ...Continue reading here: http://bit.ly/zPCQbE

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