Trending: Oil | Gold | BITCOIN | EUR/USD | GBP/USD

Amazon in a hesitant place - Analysis - 22-12-2021

Economies.com
2021-12-22 11:21AM UTC

Amazon's stock rallied 2.00% in the last session, settling at 3,408.34, amid the dominance of the main upward short-term trend, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI.

 

Therefore we expect the stock to rise and target the first resistance at 3,548.12, provided the support of 3,389.16 holds on.

 

Expected trend for today: Bullish

Pfizer collects profits - Analysis - 22-12-2021

Economies.com
2021-12-22 11:20AM UTC

Pfizer's stock (PFE) fell 3.39% in the last session on profit-taking, while gathering momentum to rise anew, as it vents off overbought saturation in the RSI, settling thereafter at 58.95, amid the dominance of the main upward trend in the medium term, with positive support from the 50-day SMA.

 

Therefore we expect the stock to return higher, targeting the resistance of 62.75, provided the support of 55.67 holds on.

 

Expected trend for today: Bullish

Baidu tries to vent off oversold saturation - Analysis - 22-12-2021

Economies.com
2021-12-22 11:20AM UTC

Baidu's stock (BIDU) rallied 5.28% in the last session, while venting off oversold saturation in the RSI, settling at 144.82, amid the dominance of the main downward trend in the medium and short terms, with negative pressure from the 50-day SMA. 

 

Therefore we expect the stock to return lower, targeting the pivotal support of 132.22, provided the resistance of 152.04 holds on.

 

Expected trend for today: Bearish

Comcast rises within descending price channel - Analysis - 22-12-2021

Economies.com
2021-12-22 11:20AM UTC

Comcast's stock rose 0.95% in the last session, settling at 48.86, while trading within a descending price channel that guided recent short-term trading, with negative pressure from the 50-day SMA, coupled with negative signals from the RSI after reaching overbought levels. 

 

Therefore we expect the stock to return lower, targeting the support of 44.75, provided the pivotal support of 48.25 was breached. 

 

Expected trend for today: Bearish