XOM stock topped out in early April at the end of an ascending channel. The highs and lows of the extended engulfing candle occurring on 4/12 served as future resistance areas for the stock. Between April and October, the stock tested the bottom of the range multiple times before finally beginning to climb higher on 10/1. However, the stock was unable to hold highs past the top of the range after a variation on an evening doji star candlestick pattern served to mark the beginning of another decline in the stock after 10/8.