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Alibaba rallies - Analysis - 08-05-2018
Chinese Alibaba's stock (BABA) rose in the intraday levels, scoring a fresh profit of 3.42% in the last session, or 6.46 points, amid the dominance of the main upward medium-term trend, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI.
Therefore we expect more gains for the stock, as long as the support of 184.70 holds on, targeting the pivotal resistance of 205.69.
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eBay returns lower - Analysis - 08-05-2018
eBay's stock (EBAY) returned lower in the intraday levels, recording a loss of 0.53% in the last session, or 0.20 points, amid negative pressure from the 50-day SMA, after climbing earlier to vent off oversold saturation in the RSI, after the support of 37.14 held on, representing the ratio 50% of Fibonacci retracement levels for an ascending wave in the short term (from 27.28 to 46.99).
MoreAltaba shakes off negative pressure - Analysis - 08-05-2018
Altaba's stock (AABA) surged in the intraday levels, scoring a fresh profit of 3.60% in the last session, or 2.62 points, amid the dominance of the main upward medium-term trend, succeeding in trespassing the resistance of the 50-day SMA, shaking off its negative pressure, amid positive signals from the RSI.
MoreApple muscles up - Analysis - 08-05-2018
Apple's stock (AAPL) kept rising in the intraday levels, scoring a new profit of 0.72% in the last session, or 1.33 points, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, succeeding thereafter in piercing the important resistance of 183.50.
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