Stock Of The Day: Exxon Mobil Breaks Out

Exxon Mobil Corporation XOM has broken out. The stock is trading higher because Israel's attack on Iran has spooked the oil markets. As Exxon Mobil’s extensive oil holdings increase in value, the company itself becomes more valuable — and the stock tends to rise along with it.It looks as though the move higher may continue. It may also be about to refill a gap. This is why our trading team has made Exxon our Stock of the Day.As you can see on the chart, there was resistance for the shares around $109.50.Res ...