Exxon Mobil may rise to 125.30 - 127.40

Our pivot point is at 113.1.

Our preference

The upside prevails as long as 113.1 is support.

Alternative scenario

Below 113.1, expect 109.6 and 107.5.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 114.31 and 114.4172).

Supports and resistances

129.6 **

127.4 *

125.3 **

123.2

116.07 (USD-last)

114.5

113.1 **

109.6 *

107.5 **

Number of asterisks represents the strength of support and resistance levels.