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Altaba's stock (AABA) kept rising in the short-term trading, scoring another profit of 1.36% in the last session, or 0.77 point, and tackling the pivotal resistance of 57.39, amid positive support from the 50-day SMA, with the dominance of the main upward short-term trend, as relative power indicators reached extremely overbought levels compared to the stock's movement.
Therefore we expect more gains for the stock, provided it pierces the resistance of 57.39, targeting the next one at 60.90.