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AIG widens gains - Analysis - 03-03-2021

Economies.com
2021-03-03 12:11PM UTC

American International Group's stock (AIG) rose 1.43% in the last session, amid the dominance of the upward correctional trend in the medium term, with support from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. 

 

Therefore we expect more gains for the stock, targeting the resistance of 51.00. 

 

Expected trend for today: Bullish 

Boeing returns lower - Analysis - 03-03-2021

Economies.com
2021-03-03 12:11PM UTC

Boeing's stock (BA) returned lower with a 0.56% loss in the last session, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, while gathering momentum to help it rise anew. 

 

Therefore we expect the stock to return higher, targeting the pivotal resistance of 241.90. 

 

Expected trend for today: Bullish 

Bank of America strives to pierce pivotal resistance - Analysis - 03-03-2021

Economies.com
2021-03-03 12:11PM UTC

Bank of America's stock (BAC) fell 0.73% in the last session, amid attempts to gather momentum to help it rise and pierce the pivotal resistance of 35.65, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA.

 

Therefore we expect the stock to rise and target the resistance of 37.27, provided the resistance of 35.65 was breached first. 

 

Expected trend for today: Bullish 

Midday update for Wheat price 03-03-2021

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

Wheat price shows new negative trades to move away from 662.50 level, reinforcing the expectations of continuing the bearish trend for the rest of the day, which depends on the price stability below the mentioned level, while our next main target is located at 644.20.

 

The expected trading range for today is between 645.00 support and 665.00 resistance.

The expected trend for today: Bearish