XOM & AFL Stocks From A Technical Analysis Perspective

Exxon Mobil (XOM) stock has been enjoying a great uptrend dating back to mid-December of 2021, and is up more than 55% at its peak achieved just last week near $92. "The past week has brought what appears to be some profit taking, but its retreat has brought it to an area of support with its YTD uptrend line and the 50 Daily Moving Average," says Kevin Horner. Next, Aflac Inc. (AFL) stock price is up almost 4% this past year. "The AFL stock is sitting on a $57 ledge, former resistance, now support, as it's trying to figure out the next move," Horner adds.