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In the day-to-day bar chart of XOM, beneath, we can see that the shares have been strong considering that late January but have yet to attain our very first cost objective in the $one hundred-$105 region. The On-Balance-Volume line has moved higher from September and tells me that purchasers of XOM have been a lot more aggressive than sellers. Prices are in an uptrend above the increasing 40-week moving average line.

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