ExxonMobil rallies - Analysis - 22-11-2019

Economies.com
2019-11-22 13:29PM UTC

ExxonMobil's stock rallied 2.41% in the last session to settle at 69.67 while recouping recent losses, touching the resistance of the 50-day SMA, while trading alongside the medium-term trend line. 

 

Therefore we expect the stock to return lower and target the important support of 67.20. 

 

Expected trend for today: Bearish 

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