ExxonMobil seeks a bottom to boost it - Analysis - 11-10-2018

ExxonMobil's stock fell 2.30% in the last session, or 1.99 points, while seeking a bottom to bounce it higher anew, amid positive support from the 50-day SMA, coupled with the dominance of the upward correctional short-term trend. 

Therefore we expect the stock to return higher, targeting the resistance of 89.30, provided the support of 84.24 holds on. 

Expected trend for today: Likely Bullish