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Alphabet pierces positive pattern's ceiling - Analysis - 19-10-2017
Alphabet's stock (GOOG) rose in the intraday levels, scoring a profit of 0.06% in the last session, or 0.63 points, and succeeding in piercing the ceiling of a positive pattern that formed in the short term, the Rising Triangle pattern, with positive support from the 50-day SMA.
Therefore we expect more gains for the stock, as long as it settles above 986.20, targeting the resistance of 1045.93.
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Hewlett-Packard amid positive outlook - Analysis - 19-10-2017
Hewlett-Packard's stock (HPQ) rose in the intraday levels, scoring a profit of 0.79% in the last session, or 0.17 points, amid positive support from the 50-day SMA, with the dominance of the main upward trend in the medium and short terms, coupled with positive signals from the RSI.
MoreAT&T suffers from negative pressures - Analysis - 19-10-2017
AT&T's stock (T) fell in the intraday levels, recording a loss of 1.44% in the last session, or 0.52 points, and settling back below the support of 35.91, which represents the ratio 61.8% of Fibonacci retracement levels for an ascending wave in the medium term (from 30.97 to 43.89), with negative pressure from the 50-day SMA, while the RSI reached extremely oversold levels.
MoreJPMorgan climbs cautiously - Analysis - 19-10-2017
JPMorgan & Chase's stock (JPM) rose in the intraday levels, scoring a profit of 0.38% in the last session, or 0.37 points, as the stock settles above the resistance of 97.29, with the dominance of the main upward trend in the medium and short terms, coupled with positive support from the 50-period SMA in the intraday levels, and with positive signals from the RSI.
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