ExxonMobil turns early losses into profits - Analysis - 20-09-2022

2022-09-20 12:20:11 GMT (Economies.com)

ExxonMobil's stock (XOM) rose in the intraday levels after leaning on the support of the 50-day SMA, amid the dominance of the main upward trend in the medium and short terms, while the RSI reached oversold levels.

Therefore we expect more gains for the stock, targeting the pivotal resistance of 105.50, provided the support of 91.50 holds on.

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Expected trend for today: Bullish

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