EXXON MOBIL CORPORATION
From the technical point of view, XOM checking several times its' previous support area which around $41, it seems bearish market trying to push stock price further down but the bullish remaining stronger on the support level! Personally, the share price would increase over the
long term future because COVID-19 vaccination positivity over shadow side. 1st target would be $44 due to next resistance level, furthmer more it would climb up to $46 and $49, however, things could get worse till its get better and this case share price would slide down to $38 and next $36. With all due respect, IMHO, I dont see the last option as scenario that likely to happen in the future! anyway, DYOR
Thank you
long term future because COVID-19 vaccination positivity over shadow side. 1st target would be $44 due to next resistance level, furthmer more it would climb up to $46 and $49, however, things could get worse till its get better and this case share price would slide down to $38 and next $36. With all due respect, IMHO, I dont see the last option as scenario that likely to happen in the future! anyway, DYOR
Thank you
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.