Exxon Mobil may rise to 130.60 - 133.60

Our pivot point stands at 115.8.

Our preference

As long as 115.8 is support look for 130.6.

Alternative scenario

Below 115.8, expect 110.9 and 107.9.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 120.042 and 117.3624).

Supports and resistances

136.7 **

133.6 *

130.6 **

127.5

120.35 (USD-last)

117.8

115.8 **

110.9 *

107.9 **

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