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Exxon Mobil: ⬇️ Sell
– Exxon Mobil reversed from resistance level 155.00
– Likely to fall to support level 140.00
Exxon Mobil reversed up from the resistance area between the resistance level 155.00 and the upper weekly Bollinger Band.
The downward reversal from this resistance area created the strong weekly Japanese candlesticks reversal pattern Shooing Star – strong sell signal for Exxon Mobil.
Given the overbought reading on the weekly Stochastic and RSI, Exxon Mobil can be expected to fall to the next support level 140.00.
Source: https://fxpro.news
