XOM Stockchart

Take a look at ExxonMobil stock. It looks like the first stop is about $80/share, then back down to the 200 day ma.

Keathley Canyon, ExxonMobil Discovery

"We estimate a recoverable resource of more than 700 million barrels of oil equivalent combined in our Keathley Canyon blocks," said Steve Greenlee, president of ExxonMobil Exploration Company. "This is one of the largest discoveries in the Gulf of Mexico in the last decade. More than 85 percent of the resource is oil with additional upside potential."