Crude oil price rallied upwards strongly to succeed touching our waited target at 79.00 and attempts to breach it, reinforcing the chances of extending the bullish wave towards our next target at 80.00, noting that holding above 78.00 represents initial condition to continue the expected rise.
Honeywell's stock (HON) returned lower with a 0.67% in the last session, while hurt by piercing the main upward trend line recently, amid the dominance of the short-term correctional wave, with negative pressure from the 50-dy SM, s the stock tries to vent off oversold saturation in the RSI.
MoreHewlett-Packard's stock (HPQ) rose 0.04% in the last session while trading within a descending price channel that guided recent short-term trading, amid negative pressure from the 50-day SMA.
MoreIBM's stock rose 0.55% in the last session and settled at 144.11, amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA, countered by negative signals from the RSI after reaching overbought levels.
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