We're seeing a ton of money rotate into the oil & gas names lately. XOM has been in hiding, building out a huge base since January. Now, it's finally giving us the signs on smaller time frames like the daily chart that its ready to break out. It's trading above all it's major moving averages. It has been knocking on $84 resistance a few weeks and even made a powerful move into resistance Thursday. A nice, low-volume inside day Fridaymakes an entry early this week possible. I wouldn't have the highest expectations on breakouts this week, given its the lowest volume week of the year, but on paper this setup is there, staring us in the face. $84.30 is the entry.