Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
ExxonMobil's stock (XOM) fell in the intraday levels, registering a loss of 1.10% in the last session, or 0.91 points, after the resistance of 83.87 held on, as the stock tries to garner momentum to help it rise anew and trade alongside the upward correctional short-term trend line.
Therefore we expect the stock to return higher, provided the support of 80.01 holds on, targeting the resistance of 83.87.