Q3 Beat Has Exxon Mobil Testing Major Resistance

Exxon Mobil

shares are trading higher by $0.52 at $82.75 in Friday's session. The catalyst for the rally is a Q3 beat of $0.12 for EPS with nearly $4B more in revenues. The report has the issue testing the major resistance at $83 level. In three of the lat five trading session, it has made highs above and below the $83 level, but has not been able to close above it. So far, in today's session it has reached $83.06 and is attempting to remain in the $83 handle.

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