XOM Stock Price Made Symetrical Triangle Pattern

Exxon mobile corporation, XOM stock price chart . XOM has made long consolidation about 2 months from 8 Aug to 7 Sep. then make a significan breakout at $75 until $82.

After that XOM toc price make a pull back to the previous breakout line which is 75, than make a symmetrical triangle pattern, after 2 weeks the price has been at the edge of triangle.
XOM stock price chart

Just ready to long or short depend on price moving,
But crude oil chart now is in a good uptrend, so Exxon mobile stock could follow the oil price movement. Just be ready for this.

XOM key financial data


Q3 (Sep '11) 2010
Net profit margin 8.51% 8.19%
Operating margin 14.90% 13.82%
EBITD margin - 17.74%
Return on average assets 13.18% 11.72%
Return on average equity 26.60% 23.67%
Employees 83,600

XOM stock price chart update
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