TTM Squeeze Alert: XOM Primed for Big Move at $119.11

Exxon Mobil Corp (XOM) closed down 0.10% at $119.11 on December 27.

Technical indicators paint a bullish picture:

• Moving Averages: Price trades above the 9-day EMA ($118.23) with a bullish stack. The 21-day EMA at $117.64 provides support.
• Momentum: RSI at 54.5 is in neutral territory but trending higher. MACD is bullish (0.64 vs signal 0.52).
• Volatility: Stock has been in a TTM Squeeze for 9 days, indicating compressed volatility and potential for a significant move.

Key levels to watch: Support at $114.66, Resistance at $120.39.