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Mounting Support

Mounting Support

MTN has been stuck in a narrow range since early June(6/7). A powerful earnings inspired ramp late last month lacked the power to break through the upper band of this consolidation. Of late MTN has drifted back down to the lower band of the four month range. There is...
Exxon Mobil Update

Exxon Mobil Update

XOM is trading near multi year lows. The $66.00 to $67.00 area held a major low in 2015 as well as multi month lows this year. During the December 2018 flush this area gave way briefly. Once this major support zone was recovered as 2019 began XOM was back on solid...