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Adobe ends cautiously higher - Analysis - 22-03-2021

Economies.com
2021-03-22 12:22PM UTC

Adobe Systems' stock (ADBE) rose in the intraday levels despite negative pressure from the 50-day SMA, and with the dominance of the downward correctional short-term wave, while hurt by piercing the main upward trend line recently, with negative signals from the RSI.

 

Therefore we expect the stock to return lower, targeting the support of 415.95. 

 

Expected trend for today: Bearish 

Gilead tries to shake off negative pressure - Analysis - 22-03-2021

Economies.com
2021-03-22 12:22PM UTC

Gilead's stock (GILD) rose 0.59% in the last session while trading alongside the upward short-term trend line, with positive signals from the RSI, while shaking off negative pressure from the 50-day SMA. 

 

Therefore we expect more gains for the stock, targeting the resistance of 68.30. 

 

Expected trend for today: Bullish 

AMD tries to recoup losses - Analysis - 22-03-2021

Economies.com
2021-03-22 12:21PM UTC

AMD's stock rose in the intraday levels while recouping some recent losses, amid the dominance of the downward short-term wave, while hurt by piercing the upside trend line recently, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.

 

Therefore we expect the stock to return lower, targeting the support of 73.83, provided the resistance of 84.62 holds on.

 

Expected trend for today: Bearish 

Midday update for Wheat price 22-03-2021

Economies.com
2021-03-22 11:36AM UTC

Wheat price crawls downwards calmly to support the continuation of the expected bearish trend for today, and the way is open to achieve our next target at 614.60, reminding you that the continuation of the bearish wave requires holding below 629.40.

 

The expected trading range for today is between 610.00 support and 627.00 resistance.

The expected trend for today: Bearish