ExxonMobil attacks strong resistance - Analysis - 26-12-2017

ExxonMobil's stock (XOM) rose in the intraday levels, scoring a new profit of 0.14% in the last session, or 0.12 points, while getting buoyed by piercing the ceiling of a descending correctional price channel that limited recent trading, with positive support from the 50-day SMA, coupled with positive signals from the RSI, tackling thereafter the important resistance of 84.14. 

Therefore we expect more gains for the stock, provided the resistance of 84.14 is breached, targeting the next one at 88.67.