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Update: Crude oil price suffers strong losses

Economies.com
2021-03-18 17:34 UTC

Crude oil price declined sharply to surpass our waited target at 62.50 and presses on extended support areas at 61.25, paving the way to suffer more losses that reach 59.20, to keep the bearish bias domination in the upcoming period unless breaching 62.50 and holding above it.

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Update: Gold price is recovery again

Economies.com
2021-03-18 17:33 UTC

Gold price faced strong support at 1722.00, to rebound bullishly and head towards achieving intraday gains that target testing 1741.00 initially, being aware that it is important to monitor the price at the mentioned levels, as breaching the last level will push the price to 1765.0 as a next positive target, while breaking the support represents negative factor that will press on the price to suffer new losses that reach 1692.00.

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Johnson & Johnson tries to shake off negative pressure - Analysis - 18-03-2021

Economies.com
2021-03-18 10:26 UTC

Johnson & Johnson's stock (JNJ) fell 0.37% in the last session while gathering momentum to help it rise anew, amid the dominance of the main upward trend in the medium term, while gathering momentum to help it shake off negative pressure from the 50-day SMA.

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IBM returns higher - Analysis - 18-03-2021

Economies.com
2021-03-18 10:25 UTC

IBM's stock returned higher with a 0.62% profit while trading alongside the upward short-term trend line, with support from the 50-day SMA, countered with negative signals from the RSI after reaching overbought levels.

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