ExxonMobil tries to shake off negative pressure - Analysis - 19-10-2018

ExxonMobil's stock rose 0.43% in the last session, or 0.35 points, as the stock shakes off negative pressure from the 50-day SMA, while trading within an ascending price channel in the short term, as a positive divergence forms in the Stochastic indicator as shown below the attached chart. 

Therefore we expect more gains for the stock, as long as the support of 80.00 holds on, targeting the resistance of 84.24. 

Expected trend for today: Bullish