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No. of Recommendations: 1
The 40-year chart looks like a good entry point for XOM, of course there are a ton of issues associated with an investment in such a company (macro, political, etc.) and many folks may have an aversion to investing in a company that extracts fossil fuels that are then combusted.

The 16-year view is nowhere near as promising, but is still at about -1RMS.

Any big spike in the price of oil would seem likely to propagate into a nice increase for XOM, one would think.

no XOM position
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