Political tensions and potential war in the Middle East have made the price of oil rip higher. This means there are opportunities to profit by investing or trading in the companies in the energy sector. As you can see on the chart, shares of Exxon Mobil Corporation (NYSE:XOM) may be about to break out. This means they may be about to move above what has been a resistance level and trend higher. This is why we have made it our Stock of the Day. Traders use the term ‘breakout’ frequently. It refers to an important market dynamic that savvy traders can use to profit. Read Also: Port Strike Enters…