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Altaba 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.
Therefore we expect more gains for the stock, targeting the pivotal resistance of 80.56, as long as it settles above 73.25.
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Apple 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.
MoreCoca-Cola resumes decline - Analysis - 08-05-2018
Coca-Cola's stock (KO) returned lower in the intraday levels, registering a loss of 0.52% in the last session, or 0.22 points, and settling anew below 42.29, amid negative pressure from the 50-day SMA, with the dominance of the downward short-term trend.
MoreBank of America buoyed by current support - Analysis - 08-05-2018
\Bank of America's stock (BAC) rose in the intraday levels, scoring a profit of 1.13% in the last session, or 0.33 points, after the support of 29.13 held on, amid negative pressure from the 50-day SMA, while getting hurt by exiting an ascending price channel recently in the short term.
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