|
Apple strives to shake off negative pressure - Analysis - 22-10-2018
Apple's stock returned higher in the intraday levels after leaning on the support of the upside short-term trend line as shown in the attached chart, with positive signals from the RSI, scoring a profit of 1.52% in the last session, or 3.29 points, while the stock shakes off negative pressure from the 50-day SMA.
Therefore we expect more gains for the stock, as long as the support of 216.47 holds on, targeting the pivotal resistance of 233.47.
Expected trend for today: Bullish
Thanks for your feedback.
Coca-Cola readies to tackle important resistance - Analysis - 22-10-2018
Coca-Cola's stock returned higher while shaking off negative pressure from the 50-day SMA, scoring a profit of 1.58% in the last session, or 0.72 points, amid the dominance of the upward correctional short-term wave along the trend line, readying thereafter to tackle the important resistance of 46.87, with positive signals from the RSI.
MoreBank of America ends cautiously higher - Analysis - 22-10-2018
Bank of America's stock traded within a descending correctional price channel, scoring a profit of 0.25% in the last session, or 0.07 points, with positive signals from the RSI, countered with negative pressure from the 50-day SMA.
MoreMicrosoft tries to regain footing - Analysis - 22-10-2018
Microsoft's stock returned higher amid the complete dominance of the main upward trend in the medium and short terms along the trend line as shown in the attached chart, with positive signals from the RSI, scoring a nominal profit of 0.15% in the last session, or 0.16 points, while striving to shake off negative pressure from the 50-day SMA.
More