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Watch These ExxonMobil Price Levels as Stock Trades at Record High
XOMExxonMobil(XOM) Investopedia·2024-10-07 03:19

Key TakeawaysExxonMobil shares set a record high on Friday as investors bid up energy stocks over mounting concerns that escalating tensions in the Middle East could disrupt global oil supplies. The stock broke out above the top trendline of a symmetrical triangle last week on increasing trading volume.Investors should watch key upside targets on Exxon's chart around $134 and $138, while keeping an eye on important support areas near $118 and $112. Shares in ExxonMobil (XOM) could remain in focus this week ...