Altaba's stock (AABA) returned higher in the short term, scoring a profit of 0.45% in the last session, or 0.33 points, amid positive support from the 50-day SMA, with positive signals from the RSI, while trading within an ascending price channel that limited recent trading.
Therefore we expect more gains for the stock, targeting the resistance of 76.85, as long as it settles above 72.47.
Apple's stock (AAPL) rose barely in the intraday levels, scoring a minute profit of 0.01% in the last session, or 0.01 points, as the stock readies to tackle the resistance of 176.24, amid positive pressure from the 50-day SMA, with a positive divergence forming in the Stochastic indicator as shown below the attached chart, amid the dominance of the main upward trend in the medium and short terms.
Therefore we expect more gains for the stock, especially if the resistance of 176.24 held on, targeting the next one at 180.76.
Coca-Cola's stock (KO) rose in the intraday levels, scoring a profit of 0.09% in the last session, or 0.04 points, after hitting an intraday high at 46.05, bouncing off it lower and trimming the gains, while attempting to shake off negative pressure from the 50-day SMA, amid the dominance of the main upward short-term trend, with positive signals from the RSI.
Therefore we expect more gains for the stock, as long as the support of 45.41 holds on, targeting the resistance of 47.48.
Bank of America's stock (BAC) fell in the intraday levels, recording a loss of 0.26% in the last session, or 0.07 points, as the stock tries to gather momentum to help it rise anew, amid the dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, coupled with positive signals from the Relative Strength Index.
Therefore we expect the stock to return higher, targeting the important resistance of 28.12, as long as the support of 25.77 holds on.