Drilling For Profits Steve Strazza August 15, 2024 After breaking out of a decade-long base in 2022, Exxon Mobil Corp $XOM has been consolidating in a well-defined range above a shelf of former highs.Price is flirting with the upper bounds of the range as buyers absorb the overhead supply at this critical resistance zone.Here's the chart: You need to have a subscription to access this content in full. Log in or subscribe Share Article Filed Under: Breakout Blog