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Exxon Mobil Stock Faces Resistance: Can Q4 Earnings Spark A Reversal?

1. Exxon Mobil will report Q4 earnings Friday with $1.56 EPS and $86.63 billion revenues. 2. Stock shows strong bearish trend, below key moving averages and MACD indicator. 3. Bullish signs emerge as analysts foresee 13.5% upside for Exxon stock.

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FAQ

Why Bearish?

Bearish trend indicated; trading below key moving averages and resistance. Similar past shocks saw struggle post-earnings.

How important is it?

Upcoming earnings and analyst projections could significantly sway investor sentiment.

Why Short Term?

Earnings results may impact stock price immediately. Earnings surprises often influence momentum quickly.

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