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AT&T faces strong resistance - Analysis - 22-10-2018
AT&T's stock returned higher with a 1.14% solid profit in the last session, or 0.37 points, while venting off oversold saturation in the RSI, touching the resistance of the 50-day SMA, while hurt by a negative pattern that formed in the short term, the Rising Wedge pattern.
Therefore we expect the stock to return lower, as long as the resistance of 32.80 holds on, targeting the support of 31.48.
Expected trend for today: Likely Bearish
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JPMorgan exhausts positive chances - Analysis - 22-10-2018
JPMorgan & Chase's stock fell in the intraday levels while leaning on the main upward medium-term trend line as shown in the attached chart, recording a loss of 0.17% in the last session, or 0.18 points, with positive signals from the RSI after reaching oversold levels, countered with negative pressure from the 50-day SMA.
MoreBoeing seeks a bottom to boost it - Analysis - 22-10-2018
Boeing's stock traded alongside the main upward trend line in the medium and short terms, while seeking a bottom to bounce it higher anew, recording a loss of 0.86%, or 3.09 points, while a positive divergence formed in the Stochastic indicator as shown below the attached chart.
MoreeBay in a free fall - Analysis - 22-10-2018
eBay's stock gave up ground and breached the support of 31.28, representing the ratio 61.8% of Fibonacci retracement levels for an ascending wave in the medium term (from 21.52 to 47.07), with negative pressure from the 50-day SMA, coupled with a surge in trading volumes.
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