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Update: Brent oil breaks the support

Economies.com
2016-08-01 18:30 UTC

Brent oil price broke 43.00 level strongly and settled below it, which activates the bearish trend scenario on the short term basis, opening the way to target 39.96 level, noting that the price needs a daily close below 43.00 to confirm the continuation of the expected bearish trend.

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Symantec Corp without real change – analysis 01-08-2016

Economies.com
2016-08-01 13:34 UTC

Symantec Corp ended trades on Friday slightly lower by (-0.02 point) point or (-0.1%) from the previous closure after facing to the support level 19.90 after the price continued its bullish movement during the previous trades to trade above 19.90 level, after falling from 21.50 resistance, comes after the previous decline during the med-long periods which reached to the support level of 16.50, to rebound from this support passing 17.95 level during the previous near trades with the price passing the SMA 100, leading the price for a continuous bullish movement caused the passing of 19.90 level to reach 21.50.90 resistance by the end of last week trades.

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Pfizer shares conclude around the highs of the week - analysis 01-08-2016

Economies.com
2016-08-01 13:33 UTC

PFIZER shares ended Friday trades higher by (0.22 point) or (0.6%) of the previous closure pass 36.45 resistance as the highest recorded price during the weeks before and also to pass the channel’s resistance shown above trying to reach the next resistance 37.35, comes after the price traded below the channel’s bottom line reaching the support level 33.95 that coincided then with the SMA 100 to push the price up again trading within the bullish channel range above 43.65 level, comes after it rose during the previous short trades reaching 34.65 resistance level after facing the channel’s support with the SMA 50.

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Nike shares is trading around the support – analysis 01-08-2016

Economies.com
2016-08-01 13:33 UTC

Nike shares ended Friday trades slightly higher (0.05 point) or (0.09%) of the previous closure passing 56.90 level to face the support level 55.50 support, comes after it fell reaching the support 51.40 that coincided with the channel support, as the price moved within a bearish channel during the previous trades.

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