Exxon Mobil Could See Its Shares Decline Even Further

Exxon Mobil Could See Its Shares Decline Even Further
·2 min read

Exxon Mobil is pulling back from its recent zenith. In this daily bar chart of XOM, below, we can see prices have pulled back around $20 from its early June peak. Prices are so far holding the $85 area but prices are trading below the 50-day moving average line.