XOM - Inverse Head & Shoulders?

On the weekly chart we have a breakout from what sure looks like an inverse head & shoulders pattern on XOM (Exxon Mobil).

Volume is questionable since it was actually declining leading up to the breakout rather than increasing.

If this is a valid pattern we can expect to reach the 92.00 level, last seen in December 2016. If not, then price may very well bounce off of the upper trend line and continue to coil.


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