ExxonMobil breaches current support - Analysis - 13-12-2018

ExxonMobil's stock fell 0.86% in the last session, or 0.66 points, breaching the support of 76.51 with negative pressure from the 50-day SMA, coupled with negative signals from the RSI, while trading alongside the downward short-term trend line. 

Therefore we expect more losses for the stock, as long as it settles below 76.51, targeting the pivotal support of 72.78. 

Expected trend for today: Bearish