Altaba muscles up - Analysis - 13-09-2017

Economies.com
2017-09-13 11:40AM UTC

Altaba's stock (AABA) kept rising in the short-term trading, scoring a new profit of 0.34% in the last session, or 0.22 points, as the stock readies to tackle the important resistance of 66.26, amid the dominance of the main upward short-term trend, with positive pressure from the 50-day SMA, as a positive divergence forms in the Stochastic indicator as shown below the attached chart. 

 

Therefore we expect more gains for the stock, targeting the resistance of 66.26. 

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