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Market Overview

Exxon Mobil Sharply Higher

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Exxon Mobil Corporation (NYSE: XOM) shares are higher by $3.76 at $79.41 in Thursday's session. After a lower open, it continued lower before finding support just above Wednesday's close ($75.65), only reaching $75.80.

The ensuing rebound has taken the issue well into the $79 handle. If the rally continues, there may be resistance at the trio of highs just above the $80 level from late December.

 

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