OptionsPlay DailyPlay

The bearish DailyPlay we chose for Friday July 10th is Exxon Mobil Corporation (XOM). XOM is part of the Energy Sector (XLE). Over the last month, XLE has experienced a 5.84% move lower as both 1-month and 6-month trends are bearish.

Exxon Mobil Corporation’s 1-month and 6-month trends are bearish as it moves 0.45% lower on Thursday. XOM continues to show negative┬ámomentum as it approaches its 52-week low.

View this trade idea on $XOM