Stockpickr

Must-See Charts: Intel, Exxon, Alcoa

Stock quotes in this article:XOM, INTC, AA 

When it comes to big-name stocks, it doesn't get much bigger than oil giant Exxon Mobil(XOM). But the $318 billion company could be on the verge of getting even bigger thanks to a bounce shares took just two trading sessions ago.

Economic tailwinds are already pushing at Exxon's back. The company's thick margins and impressive operational performance have already carved out a special place among the oil industry's supermajors, and now, with the company's acquisition of XTO Energy, a powerful entrance into the natural gas market should shake up the competiton in a meaningful way.

Stockpickr: Who Owns Exxon?

But fundamentals aside, Exxon's chart has been seeing some shakeups of its own. Most significantly, shares bounced up off their 50-day moving average this week, prompting a bullish move upward toward resistance at the 200-day moving average. That upside target should catch enough traders' attention to catalyze a quick move upward. Watch closely for a breakout above the thin red line.

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Dow Jones S&P 500 NASDAQ 10-Year Note
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Oil *
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DOWN
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-0.35%
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