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Adobe climbs cautiously - Analysis - 20-10-2022
Adobe INC's stock (ADBE) rose in the last session amid attempts to regain some recent losses, amid the dominance of the main downward short-term trend, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels.
Therefore we expect the stock to return lower, targeting the support of 274.73, provided the resistance of 329.00 holds on.
Expected trend for today: Bearish
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Humana gathers positive momentum - Analysis - 20-10-2022
Humana's stock (HUM) declined in the intraday levels while gathering momentum to rise anew, while also trying to pierce the pivotal resistance of 500.00, amid the dominance of the main upward short-term trend, with positive pressure from the 50-day SMA.
MoreGilead tries to vent off overbought saturation - Analysis - 20-10-2022
Gilead's stock (GILD) fell in the intraday levels while gathering momentum to recover anew, as it also vented off overbought saturation in the RSI, amid the dominance of the upward correctional short-term trend, with positive support from the 50-day SMA.
MoreMidday update for Brent oil 20-10-2022
Brent oil price trades with clear positivity to attack 93.73 level, which urges caution from the upcoming trading, as breaching this level represents the key to start new bullish wave and additional bullish correction on the intraday basis, while consolidating below it is required to resume the expected bearish trend for today, which its main targets reach 90.00 followed by 86.30.
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