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Actionable news in XOM: EXXON MOBIL CORPORATION,

Breakout in Exxon’s stock a bullish sign for crude oil prices

FactSet
Is the worst over for energy stocks, and crude oil prices?

Exxon Mobil Corp.’s stock has climbed above three key technical levels, suggesting further gains ahead for the shares, and possibly for crude oil prices.

The oil giant’s stock surged more than 2% XOM, +2.74% in afternoon trade Monday, to break above the widely-followed 200-day moving average, which many technical analysts use as a dividing line between short-term and long-term trends. Helping propel the stock, Exxon reported third-quarter earnings on Friday that were well above expectations, even as they were about half...


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