ExxonMobil in a hesitant place - Analysis - 08-02-2019

ExxonMobil's stock fell 0.77% in the last session, or 0.58 points, while trading alongside the downward short-term trend line, with negative signals from the RSI, countered with positive support from the 50-day SMA. 

Therefore we expect more losses for the stock, especially if the support of 73.29 was breached, targeting the next one at 70.37. 

Expected trend for today: Bearish