ExxonMobil fails to pierce downward trend line - Analysis - 20-09-2019
Economies.com
2019-09-20 13:51PM UTC
ExxonMobil's stock fell after failing to pierce the main downward trend line, with negative signals from the RSI, with the stock trapped between negative pressure from the downward trend line and the 50-day SMA positive support.
Negative pressure seems dominant so we expect a decline as long as the resistance of 74.12 holds on.
Expected trend for today: Bearish
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