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22.11.2016 - Growth potential of Exxon Mobil is low

Price of Exxon Mobil has recently shown growth and in case of breaking through the inclined line of resistance and local maximum at 88.00, we expect growth of quotations up to 95.00 and 97.00. On the other hand, the price can roll back down to 82.40 and breaking through this level will be a signal to sell with the first target at 79.00. We expect a high level of volatility, and probably will see a drop in the near future.


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The CIF license of PFX Financial Professionals Ltd has been suspended by the Cyprus Securities and Exchange Commission until the 24th of December 2016. Please click here
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