Exxon Ready for Breakout?

I keep reading about Exxon being on the verge of a breakout by analysts, who say price is consolidating right now. As a value investor, I haven't really paid much attention to Exxon in years, but welcome everyone's opinion on this one. 

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I mean, I think Exxon has a great operating environment right now, but I don't think we're close enough to a breakout. If you're looking for longer-term, I guess it's a good play. 

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I disagree. I think we're looking at the breakout any day. Oil prices are holding higher and I expect XOM to hit the low-to-mid 90s range very soon. I see a good short-term set-up here. 

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Did anyone expect this? Biggest Dow dog of 2017 is in a turnaround. After falling 7 in 2017, Exxon shares have rallied 4 percent this week.

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