ExxonMobil Wave Analysis – 22 July 2026

ExxonMobil : ⬆️ Buy

– ExxonMobil broke the resistance zone

– Likely to rise to resistance level 160.00

ExxonMobil recently broke the resistance zone between the resistance level 150.00, resistance trendline of the daily down channel from March and the 50% Fibonacci correction of the downward impulse C from May.

The breakout of the resistance level 150.00 accelerated the active minor impulse wave 3 from the start of June.

Given the clear daily uptrend, ExxonMobil can be expected to rise further to the next resistance level 160.00 – target for the completion of the active impulse wave 3.