ExxonMobil amid positive outlook - Analysis - 14-03-2019

2019-03-14 13:49:48 GMT (Economies.com)
ExxonMobil amid positive outlook - Analysis - 14-03-2019
 

ExxonMobil's stock rose in the short term while settling above the support of 79.88, representing the ratio 61.8% of Fibonacci retracement levels for a descending wave in the short term (from 89.30 to 64.65), with positive signals from the RSI after reaching oversold levels, with positive pressure from the 50-day SMA. 

 

Therefore we expect more gains for the stock, targeting the next resistance at 83.48, representing the ratio 76.4% of the same retracement levels, as long as it settles above 79.88. 

 

Expected trend for today: Bullish  

 
 
 
  Symbol Last Change Chg.%
1.1309
-0.0017
0.1479%
1.3108
-0.0188
1.4147%
15.489
0.194
1.268%
59.578
1.196
2.048%
67.35
-0.51
0.75%
1311.755
9.445
0.725%
 
 
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