Exxon Breaks Resistance, Eyes $120–$130 Ceiling
@Trend_Radar：
$Exxon Mobil(XOM)$ Rallied +1.96%: Energy Giant Breaks Key Resistance, Testing $120 CeilingLatest Close Data XOM closed at $118.25 on Dec 10, up +1.96% ($2.27), just $2.56 below its 52-week high of $120.81. The stock is trading near multi-year highs with strong momentum.Core Market Drivers Energy sector strength continues as oil prices stabilize above $70/barrel. XOM benefits from robust refining margins and disciplined capital allocation strategy. The company's focus on low-cost oil production and shareholder returns through dividends (3.35% yield) and buybacks attracts institutional interest.Technical Analysis Volume surged to 23.79M shares (1.64x average) confirming breakout momentum. MACD shows DIF at 0.39 crossing above DEA at 0.43, generating