When we look at the Exxon Mobil Corp (NYSE:XOM) XOM daily chart, we can see an upward trend in the past few days. It trades around $64.30.
Today it is announcing its quarterly earnings, and if the market’s anticipation is positive, we could see its price rising towards its resistance level at around $65.50.
However, if the market’s anticipation is negative on its earnings, we could see it dropping towards its support level at around $62.30.