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.%
1.1163
0.0000
0.0036%
1.2705
-0.0032
0.2512%
14.455
0.037
0.260%
62.977
0.296
0.473%
72.18
0.21
0.29%
1274.665
-3.100
0.243%
 
 
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